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Employers - how do you work out Christmas Bonuses?

32 replies

Katymac · 14/12/2007 08:35

By length of service
By Number of hours
By how much you like them

I find this very hard

Of course in my mind I would give them all £1000 each but it might end up being so small it's embarrassing

Any ideas/suggestions?

OP posts:
whoops · 14/12/2007 10:31

Flowery - you can see why I was getting so stressed a while ago!!

flowerytaleofNewYork · 14/12/2007 10:31

Seen it, will have a read later

flowerytaleofNewYork · 14/12/2007 10:33

whoops I certainly can! Sometimes it's the people who should know what they're doing who don't. Of course knowing the ins and outs of employment law doesn't mean you know how to manage people, v different skill.

LOVEMYMUM · 15/12/2007 17:34

Hi katymac.

Whatever you give them will be appreciated. I work part-time and don't think i'll get anything. (Not really too bothered cos i leave on Friday! Yay!!)

LittleB · 17/12/2007 10:22

I don't get anything as a poor public sector worker (we do finish at 3 on Christmas eve - but not really half a day for shopping and I've booked leave anyway!) Where Dh works they seem to have a fair system, they have a christmas meal paid for and get a bonus thats wage related, rumour has it that this year they will all get a weeks pay but that depands on company performance (not individual) so some years they may only get 1or2 days pay(usually a week though), but they seem to think its all fair. They also calculate it pro rata for anyone whose been there less than a year, so the first year when dh started he started in October so only had 3 months service, so got a 1/4 of what everyone else did. They are all pleased with it though.

Bouncingturtle · 17/12/2007 10:36

My employer does a % of salary, but this % is based on key performance indicators, which are split into "Group" e.g. company profit, "Team" e.g. target for number of near misses reported, and "Individual" e.g. each staff member had to report a minimum of 2 near misses each.

For this year, I would just stick with a plain percentage - so the longer they work, the bigger the bonus. May be the above coulds be considered, but imo it's a lot of work for so few employees (my company employs 350 people).

Or do the voucher thing and give them all the same.

Or maybe do a combination!

Bauble99 · 17/12/2007 19:54

Katy. I'd stick with paying for a meal if I were you. Remember that a Christmas gift is a gift and not a 'right.'

We gave a bonus in with the wages last year as well as a meal out with wine etc and all we got was 'why do we have to pay tax on it?'

This year we have given our staff a (reasonably) unlimited budget to go out for dinner.

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