Middle managers, front-line and back-office employees are likely to be the most disappointed—the proportion of those job categories receiving a bonus increase of at least 5 percent is projected to fall by more than half, down from 32 percent in 2022 to a projected 14 percent in 2023, across both levels.
As for CEOs, just 9 percent of companies reported a decrease in bonus for their CEO in 2022. When polled this month, 24 percent report a projected bonus drop. The already-small proportion of CEOs who received at least a 5 percent boost to their bonus is projected to shrink from 21 percent last year to 12 percent this year.
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This article was originally published by Chiefexecutive.net. Read the original article here.