Annual bonuses at nine-year low

14 December, 2020

Courtesy of ICRT

A new report finds that this year's average annual bonus is at its lowest in nine years.

The survey from online job bank "yes123" finds that the year-end benefit averages 1.11-month's pay, compared with 1.31 month's pay last year.

And just 56% of employees say they expect to receive an annual bonus this year, down from almost 68% last year. The fallen level of expectations marks an eight-year low.


By sector, employees in banking and insurance or accounting are likely to see the biggest bonuses, at 2.5 months.

And the lowest pay-outs will go to the mass communications and advertising sector, with companies expected to hand out half a month's pay for the annual bonus.

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