Enter the annual salary ($) and the retention bonus rate (%) into the Calculator. The calculator will evaluate the Retention Bonus. 

Retention Bonus Formula

RB = AS * RBR/100

Variables:

  • RB is the Retention Bonus ($)
  • AS is the annual salary ($)
  • RBR is the retention bonus rate (%)

To calculate the Retention Bonus, multiply the annual salary by the retention bonus rate.

How to Calculate Retention Bonus?

The following steps outline how to calculate the Retention Bonus.

  1. First, determine the annual salary ($). 
  2. Next, determine the retention bonus rate (%). 
  3. Next, gather the formula from above = RB = AS * RBR/100.
  4. Finally, calculate the Retention Bonus.
  5. After inserting the variables and calculating the result, check your answer with the calculator above.

Example Problem : 

Use the following variables as an example problem to test your knowledge.

annual salary ($) = 100,000

retention bonus rate (%) = 15