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I've just found out my bonus but is it any good?

 
#1 I've just found out my bonus but is it any good?
08/02/2008 21:44

Brucie

I get paid £50k, and just found out I'm getting a £9k bonus. I was graded 3 (out of 4) at my appraisal.

Is this bonus any good? I was expecting more. I've been in consulting 18 months (from industry), but this was my first full year at the firm. How does this compare?

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#2 RE: I've just found out my bonus but is it any good?
09/02/2008 10:50

anon to Brucie (#1)

If you're a C2 that's a really good pay packet if you're a C3 then it's industry standard i'd say (salary a little low though)

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#3 RE: I've just found out my bonus but is it any good?
09/02/2008 13:14

anon to Brucie (#1)

18% is a good figure - you should be proud

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#4 RE: I've just found out my bonus but is it any good?
09/02/2008 19:39

Anon to anon (#3)

It is a good figure

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#5 RE: I've just found out my bonus but is it any good?
09/02/2008 21:05

Brucie to Anon (#4)

Thanks - that reassuring (sort of)

Except I was told at my interview that most people my grade get 30-50% of base salary. Admittedly, my firm works on a low base high bonus method so the % seems nicer than perhaps it is.

But 18% is a lot lower. And even lower after tax. So I am unhappy, but just trying to gauge how unhappy I should be.

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#6 RE: I've just found out my bonus but is it any good?
09/02/2008 22:18

Anon to Brucie (#5)

It's hard to say unless you reveal:

- What rank you're at

- Which practice

- How many years experience you had in industry

Do you work for PA by any chance.

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#7 RE: I've just found out my bonus but is it any good?
10/02/2008 09:06

PA-C to Anon (#6)

Can't be PA. They've only just started giving out the end of year scores. We don't find out about the money until March. I don't understand why either.

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#8 RE: I've just found out my bonus but is it any good?
11/02/2008 08:50

Tony Restell (Top-Consultant.com) to Brucie (#1)

If you take a look at the Top-Consultant salary benchmarking report you'll be able to compare your figures with those of 1,660 other consultants. Was published in the last 6 months, so should give you the definitive up to date answer (and it doesn't cost anything). PDF available for download from:

<a href=http://www.top-consultant.com/2007_salary_report.pdf>http://www.top-consultant.com/2007_salary_report.pdf</a>

Hope this helps

Tony Restell

Top-Consultant.com

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