53% of organisations plan to pay bonuses in 2024, with 69% of these bonuses being tied to employee performance, according to a new workplace survey from Adare Trusted People Partners.
The HR Barometer Series 8.2 sheds light on the latest salary trends, diversity and inclusion efforts, and working arrangements for 2025.
On average, bonuses will account for 9.9% of employees’ salaries, underscoring the continued emphasis on performance-based rewards.
The report also reveals that 66% of organisations plan to increase salaries in 2025, a notable decrease from the 86% that did so in 2024.
The average planned salary increase is 3.6%, closely aligning with the 3.7% actual increase in 2024.
Furthermore, 53% of organisations are tying salary increases to overall company profitability, with 30% requiring a profitability threshold of 90-100% for these increases to take effect.
Diversity and inclusion policies have seen growth, with 68% of organisations now having a formal D&I policy, up from 63% in 2023. However, 31% of …