Market Intelligence
Europe 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 1,700 financial services professionals across Europe 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, which is a 3% drop compared to the previous year.
0%
said that a reduced bonus is a contributing factor towards looking for a new role.
0%
received a bonus determined by three factors – team targets, individual targets, and company performance.
0%
of Investment Banking professionals' expectations did not align with the bonus they had received.
It’s become clear that banks are strategically paying bonuses this year, given limited bonus pools stemming from less than desirable market performances. Those who didn’t receive bonuses will have underperformed, while those with bigger bonuses are top performers that firms want and need to retain.