2021 Compensation Budgeting Forecast Part 2: Incentives, Bonuses, and Variable Compensation
Astron Solutions
SEPTEMBER 15, 2020
Bonuses, which are generally tied to organizational and employee performance goals, are projected to average 11% of salary for exempt employees. Bonuses for nonexempt salaried and hourly employees will average around 6.8% Adjust long-term incentive mix. On the bonus front, 76% of companies planned on awarding a bonus in 2021.
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