Are you set to receive a bonus in the upcoming compensation round? According to the results of a recent Robert Walters survey, 78% of operations professionals expect to receive a bonus.
A fifth are anticipating over 15% of base salary in recognition of their hard work and the value they add to the business.
60% are also expecting a pay rise, with over a quarter seeking between 4-10% of base salary. “It is vital that firms consider bonus payments to reward staff for their commitment and achievements,” says Daniel Connors, Manager at Robert Walters.
Increased motivation to move jobs
60% are also expecting a pay rise, with over a quarter seeking between 4-10% of base salary
The flow and variety of new jobs - along with the rate at which they are being filled – is a strong indicator of hiring confidence, as is the number of active job seekers.
The job market for this sector looks promising, with an increase in the number of permanent and temporary operations roles advertised this year.
Salary and bonus rewards are an important factor in preventing losses of key staff, especially as skills shortages also start to affect the ability of hiring managers to attract the right professionals. 51% of operations professionals cite pay as their primary motivation for finding a new job, with 40% looking to move within the next three months.
“While many are looking to move jobs, the limited supply of operations candidates with the right skills and regulatory experience is already generating intense competition among employers,” notes Sally Martin, Associate Director at Robert Walters.
About the survey
The Robert Walters Pay & Bonus Survey questioned operations professionals on a range of questions around their compensation expectations, including pay rises and bonuses, career plans and how long they intend to stay at their current firm.
Access the full results of the Robert Walters Pay & Bonus Survey in PDF.
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