LinkedIn is overhauling employee bonuses, memo shows
Source: Business Insider ·
LinkedIn is eliminating company performance from its annual employee bonus calculations, tying payouts entirely to individual performance in 2027.
From the source
LinkedInIllustration by Klaudia Radecka/NurPhoto via Getty ImagesLinkedIn is changing how it awards employee bonuses.Bonuses in 2027 will be based solely on individual performance, instead of 50% company performance.Major tech companies have been ramping up performance pressure on employees.LinkedIn is overhauling how it awards annual corporate bonuses, according to an internal memo viewed by Business Insider.The Microsoft-owned professional social network currently awards bonuses as a combination of company performance (50%) and individual performance (50%). Starting in 2027, employees' end-of-year bonuses will be based solely on their individual performance during the fiscal year."At Linkedin, we believe you should be recognized and rewarded for the impact you make," the memo states. "That's at the heart of our pay-for-performance philosophy, and our bonus plan is an important part of how we recognize and reward you for your contributions."Bonus targets will remain unchanged and…
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