Vodafone Group Careers

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Our Global Short Term Incentive Plan (GSTIP) is a discretionary cash bonus plan designed to drive exceptional performance across _VOIS and reward you for your commitment and contribution during the year.

The bonus calculation operates as follows:

Your base salary

As calculated on 31 March 2023

Your target bonus

This is a percentage of your annual base salary

Business performance multiplier

0% – 200%

The details

The GSTIP is an annual discretionary plan which is paid in cash after the end of the performance period.

Financial year

The performance year for the GSTIP follows our financial year which runs from 1 April to 31 March each year.


To be eligible for a bonus payout you must have joined Vodafone on or before 1 March during the performance year and be employed with us at the point of bonus payment date


You will receive your bonus payout in June following the end of the performance year.

Business performance

Your business multiplier will be between 0% and 200% and will be determined based on business performance against both financial and non-financial measures.

The weighting of these measures is as follows:



Gross Margin