For those have have been here back then, do you remember?
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It was announced over a month ago that the bonus pool would be funded at 30% of target. As an Aetna employee, for the past several years, funding was at least 100% of the target.
So, for example, if you were in a position that was eligible for a 20% bonus and your bonus was funded at 100%, that would mean your bonus for the year would be 20% of your base salary.
Management has some flexibility in what is given to a particular employee for their bonus. If your bonus is to be funded at a lesser amount, such as 30% of target, if your position is such that you are eligible for a 20% bonus, since 30% of 20% is 6%, your bonus would be 6%.
Unfortunately that's a huge drop compared to previous years.
30% for director and above. Rest up to performance.