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New Year, New Job? Read This First

The amount of bonus pay workers receive usually depends on their rank. Salaried workers exempt from overtime pay notch merit bonuses amounting to an average of 4.1% of their salary, according to research from Barry Gerhart, a management professor at the University of Wisconsin-Madison, and Meiyu Fang, of National Central University, Taiwan. More than a quarter of officers’ and executives’ pay is tied to performance, according to the study, published in Human Resource Management Review.