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An annual bonus of 5-10% of your yearly salary is standard in a lot of industries, just as a 5-10% annual raise is considered standard. However, if you work on commission, you may see a significantly higher percentage. Your industry, company revenue, location, and level also heavily inform what's expected.
What Are Typical Bonuses, and How Do They Work? - The Muse
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The bonus is typically calculated based on the number of months the employee has worked in the calendar year. Employees who have worked for the entire year usually receive a full bonus, while those who joined or left during the year receive a pro-rated amount.
Understanding 13th-Month Bonus Calculation in Singapore
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