Glassdoor Reveals UK Jobs Paying the Highest Bonuses in 2017

For some, a bonus is simply a little bit of extra money given before Christmas or at the end of the financial year. But, for many, a bonus makes up a significant amount of their annual income and is relied upon. So, which jobs pay the biggest bonuses? According to Glassdoor’s latest report(1), Enterprise Sales Managers now receive the highest bonuses in the UK, knocking Global Account Manager into second position (#1 in 2016). The #1 role could now earn an employee an annual bonus of anything up to £55,000, which is almost double the UK‘s national average salary £28,200(2). Global Account Managers (#2) and Partners (#3) complete the top three spots as they receive bonuses of £33,500 and £30,000 respectively. Chief Operating Officers (#4) just miss out on a top three position with interesting newcomer, Kitchen Designers (#6), entering the top 10 above CEO (#8) in Glassdoor’s second annual bonus list. According to the Office for National Statistics(3), the average bonus paid per employee in the year to March 2017 is £1,600. Total bonus payments received across the whole of the UK during the financial year ending 2017 were £46.4 billion, the highest on record and an increase of 6.5% compared with the previous year. This report was compiled by looking at total median compensation and median bonuses for jobs which have been anonymously shared on Glassdoor. Which jobs offer the biggest bonuses?

1. Enterprise Sales Manager

• Median Bonus - £55,000
• Median Total Compensation  - £110,000

2. Global Account Manager

• Median Bonus - £33,500
• Median Total Compensation - £101,000

3.  Partner

• Median Bonus - £30,000
• Median Total Compensation - £150,000

4. Chief Operating Officer

• Median Bonus - £30,000
• Median Total Compensation - £155,000

5. Chief Financial Officer

• Median Bonus - £30,000
• Median Total Compensation - £156,000

6. Kitchen Designer

• Median Bonus - £26,500
• Median Total Compensation - £42,750

7. Chief Technology Officer

• Median Bonus - £25,000
• Median Total Compensation - £165,000

8. Chief Executive Officer

• Median Bonus - £25,000
• Median Total Compensation - £160,000

9.  Channel Manager

• Median Bonus - £25,000
• Median Total Compensation - £90,000

10. Business Development Consultant

• Median Bonus - £23,250
• Median Total Compensation - £63,500

A tranche of finance jobs didn’t make the top ten this year including Investment Banking Analyst with a median bonus of £21,800 per year (total median compensation £74,300), Equity Research Analyst with a median bonus of at £20,000 (total comp £87,000) and Trader with a median bonus of  £20,000 (total comp £100,000). Hiring decision makers understand that today’s informed candidates are paying close attention to pay and bonuses.  A recent survey(4) by Glassdoor amongst recruiters and hiring managers in the UK and US found that the salary and compensation package is considered to be the most important element of a job and employment package to candidates, and also the top reason why employees may quit during the next 12 months. Only 64 percent of those surveyed say that their organisation is satisfactory at clearly setting expectations of compensation and benefits within job postings. Methodology: For a job title to be considered in Glassdoor’s report, UK Jobs Paying The Highest Bonuses, a minimum number of 25 bonus reports must have been submitted by UK-based employees over a two year period (21/9/15 - 20/9/2017). 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 highest amount of base pay reports submitted.

1. For purposes of this report, bonus includes cash bonus, stock bonus, profit sharing amount, sales commission amount & tips/gratuities amount.
2. Office for National Statistics – Annual Survey of Hours and Earnings
3. Office for National Statistics – Average Weekly Earnings, Bonus Payments in Great Britain
4. Research conducted by Aptitude Research Partners between 14-24 August 2017, among 744 hiring decision makers in the U.S. and UK

 

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