As a dynamic, global legal practice with offices in Johannesburg, Durban and Cape Town, we have one of the largest legal footprints in South Africa. We employ more than 500 people, with 200 lawyers offering experience and knowledge across the spectrum of legal disciplines. Our clients include financial ... More Details »
This describes a smoothed bonus/guaranteed portfolio that allocates the entire bonus every year. Once bonuses are allocated, they can contractually never be taken back, even in a significant market downturn.