Bosses expect 30% bonuses

COMPANY bosses expect to receive average bonuses of 30% this year while ordinary workers expect an average bonus of just 8.9% of basic pay.

Yesterday, PricewaterhouseCoopers launched the sixth in a series of Snapshot Survey reports on Short-term Incentive Schemes (STIS), designed to give up-to-date information on company bonus and commission plans offered to employees at various levels within organisations across a variety of sectors.

The survey found that a Company Bonus Plan is a standard element of the total pay package for many employees, ranging from 95% of respondents reporting that their chief executive/head of unit is eligible for a company bonus to 88% of respondents reporting that manual/line workers are also eligible for a company bonus.