Compa Index Properties
Pay Element | Also Known As... | Time Period | Definition |
Ongoing Bonus | Annual bonus, target bonus, cash incentive, short-term incentive | Annual
Typically expressed as a percentage of base salary or as a target cash amount. | Representative of the organization's corporate bonus program where employees are eligible for an ongoing bonus, based on achievement of corporate and/or individual goals. |
New Hire Bonus | Sign on bonus, sign-on, starting bonus, hiring bonus, signing bonus | One-time
Typically expressed as an cash amount. | Used to attract employees with hard-to-find skills or as a way to make an employee "whole" if they are leaving money on the table from their previous employer. |
Other One-Time Bonuses | Relocation, milestone, spot, patent, referral, project, etc. | One-time
Typically expressed as a cash amount. | Any one-time variable payment an organization might offer a candidate that is not covered by other defined pay elements. |
Geographies
The tables and information below highlight localization, prevalence and notes across global regions. Not all regions may have data available for specific pay elements and/or countries, and not all countries may be represented in Compa Index at this time.
Information is representative of aggregate regional findings as country-specific prevalence for New Hire and Other One-Time bonuses is rare. To the extent localized data is available, it will be included on a country-by-country basis.
Information has been vetted with compensation professionals, however we always recommend you confirm requirements with your organization's local, in-country experts.
NORTH AMERICA (Includes Canada and the United States)
Pay Element | Localization | Prevalence | Notes |
Ongoing Bonus | % of base salary or target cash amount | Typical; eligibility based on career level | Typically paid once, annually |
New Hire Bonus | % of base salary or amount | Occasional | Typically paid over 1 year; some orgs may have longer payout requirements |
Other One-Time Bonus | Amount | Occasional | Typically one-time payment |
EUROPE
Bonus Type | Localization | Prevalence | Notes |
Ongoing |
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New Hire |
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Other One-Time |
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LATIN AMERICA
Bonus Type | Localization | Prevalence | Notes |
Ongoing |
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New Hire |
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Other One-Time |
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ASIA
Bonus Type | Localization | Prevalence | Notes |
Ongoing |
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New Hire |
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Other One-Time |
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AFRICA
Bonus Type | Localization | Prevalence | Notes |
Ongoing |
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New Hire |
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Other One-Time |
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