We have been told our team is moving its reporting line into another part of the organisation. This part of the organisation historically has significantly less bonus payouts that ours. The difference to me personally will be in the region of £1800. We normally get this bonus in October so it pays my annual house insurance,car insurance and covers Xmas and to me is effectively a pay cut.
Bonuses are calculated as a mixture of the functions performance and employee performance, being part of a huge multinational company I have little control over the functions overall performance which is causing the reduced bonus.
We are going to discuss this with HR, and ask for the difference to be given as a pay rise, but does anyone know legally where we stand as bonuses aren't guaranteed?