2023 Bonus Trends: Tech Gains 3.8%, Tourism Takes a Hit With 36% Cut… Shifting Dynamics in Compensation Across Industries

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In the bonus landscape of 2023, every industry tightened its belt, offering smaller bonuses across the board. Technology firms saw a modest 3.8% increase, while the tourism and transportation sector took a hit with a substantial 36% reduction. The echoes of financial adjustments reverberated across diverse sectors, shaping the compensation narrative for the year.

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