Odion Ighalo earning big bonuses at Manchester United.
As an employer providing bonus payments to your employees, you have certain tax, National Insurance and reporting obligations. This includes both cash and non-cash bonuses.
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Bankers' bonuses are traditionally paid or awarded to some workers in the finance industry at the end of the bank's financial year. They are intended to reward employee behavior during that year that has increased the profits of the bank or some relevant part of its business, as shown by the annual accounts.The bonus culture is usually associated with the investment banking divisions.
You won't get an IB or Actuary style bonus in any of the big 4 firms as far as I'm aware. At Deloitte you can get outstanding contribution awards where you are nominated by colleagues which seems like a good system, but it's not going to be in the thousands, it'll be in the hundreds so not exactly pay enhancing, but nice non the less!
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