Branding, Career Advice, Companies Hiring, featured, In the News, Insights, Interviews, Jobs, Reviews, Salaries, Watercooler

10 Jobs Paying The Highest Bonuses In UK For 2016

Sterling currency, British Pound Sterling

Earlier this year, Glassdoor highlighted the Highest Paying Companies in the UK, but which jobs pay their employees the highest bonuses?

According to Glassdoor’s latest report, which reveals the 10 Jobs Paying the Highest Bonuses in the UK for 20161, the number one job receives £37,000, more than 24 times the national average bonus which is £1,5002. This report is based on each job’s median total compensation, compiled by looking at salary reports at companies in which employees have anonymously and voluntarily shared both their base pay and other forms of compensation (i.e. commissions, tips, bonuses, etc.) over two years*.

Which jobs offer the biggest bonuses? Check out the complete results:

  1. Global Account Manager
  • Median Bonus – £37,000
  • Median Total Compensation – £90,000
  1. Partner
  • Median Bonus – £33,500
  • Median Total Compensation – £150,000
  1. Chief Operating Officer
  • Median Bonus – £31,500
  • Median Total Compensation – £152,500
  1. Chief Executive Officer
  • Median Bonus – £30,450
  • Median Total Compensation – £155,000
  1. Portfolio Manager
  • Median Bonus – £30,000
  • Median Total Compensation – £115,000
  1. Equity Trader
  • Median Bonus – £30,000
  • Median Total Compensation – £120,938
  1. Broker
  • Median Bonus – £27,500
  • Median Total Compensation – £85,000
  1. Investment Banking Associate
  • Median Bonus – £25,375
  • Median Total Compensation – £100,000
  1. Trader
  • Median Bonus – £25,000
  • Median Total Compensation – £89,500
  1. Account Executive
  • Median Bonus – £24,000
  • Median Total Compensation – £60,500

Popular jobs that didn’t make the top ten this year include Bartender with a median bonus of £7,200 in per year (total median compensation £20,449), Tax Manager with a median bonus of at £5,000 (total median compensation £69,925), Barista with a median bonus of £2,160 (total median compensation £16,320), Editor with a median bonus of £1,800 (total median compensation £34,139) and a Customer Care Executive with a median bonus of at £1,000 (total median compensation £16,920).

Diarmuid Russell, Glassdoor Head of International said: “People traditionally think that those working in finance earn the biggest bonuses. Whilst finance roles such as Portfolio Managers, Traders and Brokers take five of the top ten spots, it’s interesting that they are nearer the bottom of our list. The earning potential of top sales professional is evident, with Global Account Managers taking top billing, and of course senior workers such as CEOs and COOs with greater experience and qualifications also doing well.”

According to Glassdoor’s recent UK Employment Confidence Survey3, the main bulk of bonuses are paid-out in December, with the second most popular period in April at the end of the fiscal year.

How much do you earn at your company? Help others by anonymously sharing a salary report. #ShareYourPay

*Methodology: Glassdoor’s latest study; ‘10 Jobs Paying the Highest Bonuses in the UK’ identifies jobs with the highest median total compensation package (including base salary and other forms of compensation, such as commissions, tips, bonuses, etc.), as reported by UK based employees on Glassdoor over the past two years (30/7/14 – 29/7/16). For a job title to be considered in this report, a minimum of 30 bonus reports must have been submitted by UK-based employees over the two year period. In the case of a tie, the job with the highest amount of bonus reports within the eligibility period would take the higher position. If that also ties, we look at the highest amount of base pay reports submitted.

Notes

  1. For purposes of this report, bonus includes cash bonus, stock bonus, profit sharing amount, sales commission amount & tips/gratuities amount.