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An annual bonus of 5-10% of your yearly salary is standard in a lot of industries, just as a 5-10% annual raise is considered standard. However, if you work on commission, you may see a significantly higher percentage. Your industry, company revenue, location, and level also heavily inform what's expected.

What Are Typical Bonuses, and How Do They Work? - The Muse

themuse : advice : how-bonuses-work

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It's also important to recognize that, depending on the business and industry, bonuses can make up a substantial portion of your employees' income. For example, in the US, the average bonus pay for hourly workers is around 5.6% of their salaries, which equates to over a month's wages.

Bonus Pay Calculation for Work Bonuses & Tax in 2024 - Homebase

joinhomebase : blog : how-to-run-a-bonus-payroll

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