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<blockquote data-quote="ilovetheDLR" data-source="post: 72271" data-attributes="member: 10616"><p>Hi Jessica - This is a bit random but I was reading some news about bonuses being handed out to associates in the US by some firms and was wondering what the general process tends to be in London? Are bonuses handed out every year and are they based on hitting/exceeding billables most of the time? What happens if the firm doesn't have billable targets? </p><p></p><p>I also noticed that the bonuses being handed out by these US firms were only for their US associates - why don't the London (or any other international office) associates get paid the same bonus? Is it to do with FX reasons? I'd understand if the firm in question was a swiss verein but this firm isn't so I'm slightly confused. </p><p></p><p>Thank you in advance for your clarification.</p></blockquote><p></p>
[QUOTE="ilovetheDLR, post: 72271, member: 10616"] Hi Jessica - This is a bit random but I was reading some news about bonuses being handed out to associates in the US by some firms and was wondering what the general process tends to be in London? Are bonuses handed out every year and are they based on hitting/exceeding billables most of the time? What happens if the firm doesn't have billable targets? I also noticed that the bonuses being handed out by these US firms were only for their US associates - why don't the London (or any other international office) associates get paid the same bonus? Is it to do with FX reasons? I'd understand if the firm in question was a swiss verein but this firm isn't so I'm slightly confused. Thank you in advance for your clarification. [/QUOTE]
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