Market Intelligence
USA Bonus Season Breakdown 2024
Are you optimising your firm's hiring strategy or planning your next career move in the financial sciences & services industry?
Discover the payouts received in this year's bonus season and the impact of bonus incentives on employee satisfaction in this comprehensive report from Selby Jennings.
Make data-driven decisions
In today's evolving financial services landscape, understanding bonus structures is crucial. Bonuses not only attract and retain top talent, but also serve as a benchmark for professionals' value.
Selby Jennings surveyed nearly 3,000 financial services professionals across the USA to uncover the factors driving bonus payouts and performance metrics shaping rewards.
Preview the survey results
Access your copy of the report below, but first, take a look of some of the headline findings:
0%
of survey respondents received a bonus for their performance in the last year.
0%
said that a reduced bonus is a contributing factor towards looking for a new role.
0%
of sales & trading professionals' expectations did not align with the bonus they had received.
0%
of investment management professionals received a bonus worth 101-150%+ of their salary.
Many banks decided to try to better compensate top performers to the detriment of the bonus earning potential of their lower tier performers. This might make it more difficult to displace the very top level of performers unless you can offer them something substantially better than their current employer. However, not all banks implemented this strategy, so there are plenty of good performers on the market who were not satisfied with their bonuses who might be easier to attract.
Download your complimentary report today
Uncover the full survey results to help you navigate the financial sciences & services industry effectively. Whether you're planning your next career move or shaping your hiring strategy, our findings will guide you through this bonus season.