It's a tough job so don't forget the bonus
Posted 17 March 2008 at 8:12AM by Hannah Gilchrist in Investment and finance
Many people wouldn't object to a bonus after a month's hard work, but some HR professionals are beginning to question whether certain salary supplements are well deserved.
Last year UK employers spent around £100m on executive payoffs, even some members of the struggling bank Northern Rock were paid handsome bonuses despite its critical financial state.
Marks and Spencer is perhaps one example of how staff bonuses successfully reflect the company's performance. For the past two years the British retail giant has paid out a £500 'thank you' to each of its 57,000 customer assistants. Pretty good for a high street chain that started as a market stall and not bad if you're the one working the shop floor.
But whether your business is growing or flagging, rewarding talent at the right time could be the difference between staying afloat and drowning. So how should businesses decide upon a suitable bonus and whether one should be offered at all? Maybe employers should use the Mona Lisa case as a benchmark. Forget the long hours, you just need a bit of understanding, especially when it comes to the pressure involved in looking after the Mona Lisa.
Hey, I don't know what you're smiling about Mona - it's a tough job helping Jeremy Paxman pick out his M&S pants.
Tags: bonus, bt, bt broadbandoffice, m&s, northern rock
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Comments
2. At March 18, 2008 11:43 AM, Mr D Drogba wrote:
Of course everyone deserves a bonus for their job
I wouldnt get out of bed if my various bonus paayments did not at least double my meagre weekly wage
3. At March 18, 2008 3:35 PM, vincent mcmahon wrote:
RE curious.
stop moaning and get a new job. maybe your bad pay is related to your bad spelling?
i refer of course to allowed. aloud is basically making yourself audible, i.e. he read the book aloud to the class.oh and also your lack of understanding in the english language perhaps is prohibiting your career *term used loosely*.
Bonus. pffft
4. At March 19, 2008 8:27 AM, Mr E Cantona wrote:
Bonus?
I have never seen such a thing on my wage slip? Is this some kind of greek mythology that existed when Lords occasionally rewarded thier Serfs?
5. At March 19, 2008 11:00 AM, the master chief wrote:
Mister Cantona
agree with you. i think it was a myth even in greek mythology.vincent mcmahon seems to know a lot about spellings and English upon which I think our bonus depends onn.
Ohh Pleasze 4give mi espellink Mr.Vincenttt !! i will improve it so that i can get my bonus !!Mr.Vincent probably gets his bonus by slagging off people on popular blogs.
well folks it is time someone got things straight and kicked these no gooders out of the business blogs.
6. At March 19, 2008 2:50 PM, Mick Foley wrote:
That's my kinda fight! Vince, what are you talking about?
"oh and also your lack of understanding in the english language perhaps is prohibiting your career" - Should read:
Oh, and it could be your lack of skill and understanding with and of respectivly, the English language, wich may be holding you back from being all you can be in your chosen career.".
People who live in glass houses should not be naked in the front room!
Now to business, my company is one of the big 10 corporate overlords of the world and still can't shell out for a decent regular wage nevermind the bonus here's the poopy end of the stick!
Bang bang!
-Mick Foley
Have a nice day!
7. At March 19, 2008 4:13 PM, Anonymous wrote:
Whilst we're on the subject of spelling, I dont think you guys should be berating Vince for attempting to correct mis-spelt words. To add to the list Vince, you missed out "privilege", spelt "privelage".
I am tired of reading blogs where words are spelt incorrectly, punctuation is used wrongly, or just isn't there at all, and I have to make sense of the whole darned thing myself. If it is still the English language, then please let us take pride in writing it properly, rather than pooh-poohing someone that tries to make a constructive comment-albeit in a less constructive manner.
Fact is, if some people treat foreigners shabbily because "they can't speak English", 9 times out of 10, they can spell and write properly, which is much less than can be said for a lot of youngsters these days, who can't manage either.
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1. At March 17, 2008 11:39 AM, curious wrote: