Job performance and bonus

Abstract

Abstract The purpose of this research is to study the relationship between performance and bonuses and whether this relationship differs across gender and personality traits (extraversion and conscientiousness) of individuals. The study was conducted at a bank, 309 participants filled in an online questionnaire. As expected, results indicated that performance is positively related to the amount bonus. Employees who had higher performance received a higher bonus. There were no significant differences between relations of each performance measure (appraisal, manager’s opinion & self-opinion). We found a significant interaction effect of gender on the relationship between performance and bonus. However we did not find a significant interaction effect for both extraversion and conscientiousness. We can conclude that performance does predict bonus but that the effects are small. This information could be used to arouse further interest in researching what other factors influence bonus.