Glassdoor, the world’s most transparent jobs and recruiting marketplace, today identified which UK jobs pay the highest bonuses1.
According to Glassdoor’s latest report, Global Account Managers receive the highest bonuses in the UK. The #1 role could net an employee an annual bonus of anything up to £37,000, which is 34% above the UK‘s national average salary £27,6002. Partners (#2) and Chief Operating Officers (#3) complete our top three spots as they receive bonuses of £33,500 and £31,500 respectively. Chief Executives (#4) round out the top five and Traders (#9) squeeze into the top 10 for this inaugural UK ranking. According to the Office for National Statistics3, the average bonus paid per employee in the year to March 2015 is £1,500.
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. Global Account Manager
Median Bonus - £37,000
Median Total Compensation - £90,000
2. Partner
Median Bonus - £33,500
Median Total Compensation - £150,000
3. Chief Operating Officer
Median Bonus - £31,500
Median Total Compensation - £152,500
4. Chief Executive Officer
Median Bonus - £30,450
Median Total Compensation - £155,000
5. Portfolio Manager
Median Bonus - £30,000
Median Total Compensation - £115,000
6. Equity Trader
Median Bonus - £30,000
Median Total Compensation - £120,938
7. Broker
Median Bonus - £27,500
Median Total Compensation - £85,000
8. Investment Banking Associate
Median Bonus - £25,375
Median Total Compensation - £100,000
9. Trader
Median Bonus - £25,000
Median Total Compensation - £89,500
10. 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 bonuses per year (total median compensation £20,449), Tax Manager with a median bonus of at £5,000 (£69,925), Barista with a median bonus of £2,160 (£16,320), Editor with a median bonus of £1,800 (£34,139) and Customer Care Executive with a median bonus of £1,000 (£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 Survey4, 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.
Methodology: For a job title to be considered in Glassdoor’s report, UK Jobs Paying The Highest Bonuses, a minimum number of 30 bonus reports must have been submitted by UK-based employees over a two year period (30/7/14 - 29/7/2016). 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. The ECS survey, released on 16th October 2015, polled 2,027 people, among whom 980 are employed full-time/part-time, was conducted in the UK by Harris Interactive on behalf of Glassdoor.
