{"id":279614,"date":"2024-01-28T16:24:00","date_gmt":"2024-01-29T00:24:00","guid":{"rendered":"https:\/\/jthelander.com\/?p=279614"},"modified":"2024-01-28T16:24:00","modified_gmt":"2024-01-29T00:24:00","slug":"cvc-bonus-compensation-2024","status":"publish","type":"post","link":"https:\/\/brightturn.io\/?p=279614","title":{"rendered":"Results from the CVC Salary Increase &amp; Bonus Survey"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Last month, we looked at a preview of\u00a0<a href=\"https:\/\/us6.campaign-archive.com\/?u=8fec80b0bcbe73a13332f790a&amp;id=4c784bce64\" target=\"_blank\" rel=\"noreferrer noopener\">salary increase data<\/a>. This month, we&#8217;ll give you an exclusive look at\u00a0the bonus section, and\u00a0examine\u00a0how bonuses are measuring up for 2024. To review, a\u00a0cash bonus is the preferred mechanism for rewarding individual performance, and is meant to be a short-term\/annual incentive. With the current talent market being highly competitive for key skill sets and experience, bonuses can be a valuable financial tool. It\u2019s important to determine the right mix of base pay, bonus, and additional incentives (both short and long-term) using\u00a0<strong><a href=\"https:\/\/jthelander.com\/vc-pe-compensation-benchmarks-investment-firm-data-thelander\/\" target=\"_blank\" rel=\"noreferrer noopener\">Thelander real-time investment firm compensation data<\/a><\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Salary increase percentages are typically a percentage of the base pay for the role and individual.&nbsp;<strong>But, what about bonuses?<\/strong>&nbsp;We&#8217;ll dig into this in our data below!&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Chart 1&nbsp;<\/strong>examines&nbsp;if different job positions received a bonus in 2023.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What factors correspond with the bonus?<\/strong>&nbsp;For all positions, &#8220;merit or performance-based&#8221; or &#8220;participate in firm-wide bonus pool&#8221; were the top two choices. The breakdown for each position can be found in the full report, which is&nbsp;available through an investment firm subscription to the Thelander online platform.<\/p>\n\n\n\n<figure class=\"wp-block-image img-border\"><img decoding=\"async\" src=\"https:\/\/jthelander.com\/wp-content\/uploads\/55f6b74f-bd4f-92fe-625d-22a91f624642.png\" alt=\"Did you receive a bonus for 2023?\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Chart 2 &amp; 3<\/strong>&nbsp;look at how&nbsp;bonuses were structured, and if they expected any changes in that structure for 2024. 86% of firms reported that they don&#8217;t expect any changes this year.<\/p>\n\n\n\n<figure class=\"wp-block-image img-border\"><img decoding=\"async\" src=\"https:\/\/jthelander.com\/wp-content\/uploads\/69293d24-e281-ace5-592e-7f45e846b647.png\" alt=\"How was your bonus strucured?\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<figure class=\"wp-block-image img-border\"><img decoding=\"async\" src=\"https:\/\/jthelander.com\/wp-content\/uploads\/6303bae8-3ad6-f55b-3924-396708d2c512.png\" alt=\"Do you expect a change in a way CVC team\/individual bonus will be structured between 2023 and 2024?\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Want to know real-time data on actual bonus and target bonus amounts?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We invite you to take less than 20 minutes to participate in the NO COST&nbsp;<a href=\"https:\/\/survey.jthelander.com\/surveys\/3\/\" target=\"_blank\" rel=\"noreferrer noopener\">Thelander CVC Compensation Survey<\/a>. Participation is a great way to trial the Thelander platform, and see how your compensation compares to the market. All data is published in aggregate only, with no individual names or firm names reported. Your complimentary subscription will also include traditional investment firm (VC) compensation data to compare across types of firms.<\/p>\n\n\n\n<p class=\"has-text-align-center btn-post wp-block-paragraph\"><a href=\"https:\/\/survey.jthelander.com\/surveys\/3\/\" target=\"_blank\" rel=\"noreferrer noopener\">Participate in the Thelander CVC Compensation Survey TODAY<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last month, we looked at a preview of\u00a0salary increase data. This month, we&#8217;ll give you an exclusive look at\u00a0the bonus section, and\u00a0examine\u00a0how bonuses are measuring up for 2024. To review, a\u00a0cash bonus is the preferred mechanism for rewarding individual performance, and is meant to be a short-term\/annual incentive. With the current talent market being highly [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[6,3],"class_list":["post-279614","post","type-post","status-publish","format-standard","hentry","category-newsletter","tag-cvc","tag-newsletter"],"_links":{"self":[{"href":"https:\/\/brightturn.io\/index.php?rest_route=\/wp\/v2\/posts\/279614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/brightturn.io\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/brightturn.io\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/brightturn.io\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/brightturn.io\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=279614"}],"version-history":[{"count":0,"href":"https:\/\/brightturn.io\/index.php?rest_route=\/wp\/v2\/posts\/279614\/revisions"}],"wp:attachment":[{"href":"https:\/\/brightturn.io\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=279614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brightturn.io\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=279614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brightturn.io\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=279614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}