As companies proceed throwing their lot in with the brand new particular bonus schedule, about the one drama left is determining how companies elect to pay out their bonuses. Will they be April-September or May-November? Will they be equally divided funds or backloaded to the latter date?
White & Case has matched the prevailing market price, however how did they reply these questions?
It’s a June 28 and December 28 payout — a bit on the late facet — and it’s a backloaded cost, so associates had finest be prepared to stay it out till 2022.
|Class of 2020||$4,500||$7,500||$12,000|
|Class of 2019||$6,000||$10,000||$16,000|
|Class of 2018||$12,000||$20,000||$32,000|
|Class of 2017||$16,500||$27,500||$44,000|
|Class of 2016||$19,500||$32,500||$52,000|
|Class of 2015||$22,200||$37,000||$59,200|
|Class of 2014||$24,000||$40,000||$64,000|
|Class of 2013 & up||$24,000||$40,000||$64,000|
Bonuses are for associates on observe to make their hours for the 12 months. If associates miss the June date however catch up by 12 months’s finish, they’ll be made entire.
Please assist us assist you in the case of bonus information at different companies. As quickly as your agency’s bonus memo comes out, please email it to us (topic line: “[Firm Name] Bonus”) or textual content us (646-820-8477). Please embody the memo if accessible. You can take a photograph of the memo and ship it through textual content or e mail if you happen to don’t need to ahead the unique PDF or Word file.
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