England will move to second place in the world rankings for the first time since 2004 if they defeat Australia in the second Test in Melbourne to clinch the series, triggering bonus payments of more than £230,000 for Eddie Jones's squad, The Daily Telegraph understands.
Under the England elite player squad agreement, the Rugby Football Union pays each player in the 23-man squad a bonus of £10,170 if Jones's side moves up from third to second place in the world rankings at the end of the season.
England had dropped as low as eighth place following the World Cup debacle before Jones took over in December, and even though the squad shared a £600,000 team bonus for England's first Six Nations Grand Slam since 2003, their race up the rankings is also set to trigger a further bonus payment.
The RFU has also set aside a pot of £1,952,623 to cover the players' image rights for the season, including their four World Cup matches and Six Nations campaign and the three-Test series in Australia.
The 32 players in Australia have each received a tour fee of £9,339, while each member of the 23-man match-day squad also receives a match fee of £7,322 on top of the image rights. It is understood, however, that there is no specific win bonus if England go on to secure what would be a historic first three-Test series over Australia.