Thirteenth Check Comments from Bosses

[Cius]

That type of behavior would make me look for another job, that might make a small difference to his life. My wife worked for a company that used her as slave labour while the family of the dude who owned the company where living it up off the company credit card. Typical nepotistic small operation. All the family members had company cars, company cell phones, company petrol, unlimited leave, nice PC's and toys etc yet normal staff got paid peanuts and had to work unpaid weekends and beg for leave. They did not want to give her any time off to get married and go on honeymoon even. The staff turnover there was horrific and they seemed clueless as to why. My wife's next job was also for a small company run by two brother in laws but they ran it very professionally and she got paid about 5 times her old salary as well as getting regular profit share bonuses and massive amounts of respect for her work ethic.

Funny thing is since my wife left that first company a lot of other key resources started to go and they had to drastically hike the packages and perks of people to persuade them to stay or to buy them back otherwise the company was going down. Its people not allowing bosses to walk over them and choosing to walk that forces MD's like that to actually treat their staff well. Its people that whimper that bonuses are special and should not be expected for hard work (basically doormats) that let these idiots get away with disrespecting their staff so much. So yes, that boss probably bought his 911 with your bonus money but what are you going to do about it? If you accept it then nothing changes and you keep getting no bonus and low annual increases.

 

[TelkomUseless]

So yes, that boss probably bought his 911 with your bonus money but what are you going to do about it? If you accept it then nothing changes and you keep getting no bonus and low annual increases.

That is it.. take it (and keeping on getting screwed) or leave (if you have another job)

 

[Sonic2k]

That is it.. take it (and keeping on getting screwed) or leave (if you have another job)

And this is why people move around a lot. It takes a while, usually 10+ years but the wheel eventually does turn, and the business closes down because nobody wants to work for him, the word has gone out.

 

[aigle2am]

And this is why people move around a lot. It takes a while, usually 10+ years but the wheel eventually does turn, and the business closes down because nobody wants to work for him, the word has gone out.

Interesting you mention it since management tends to be deny it.

 

[zippy]

This is why most companies do it.

Never worked for anyone who did this.

 

[zippy]

And this is why people move around a lot. It takes a while, usually 10+ years but the wheel eventually does turn, and the business closes down because nobody wants to work for him, the word has gone out.

What actually happens is that after you have left in a huff, aigle2sam joins

Then you join the company that aigle2sam left (after much prodding from mybb) because he was pissed at them.

 

[aigle2am]

What actually happens is that after you have left in a huff, aigle2sam joins

Then you join the company that aigle2sam left (after much prodding from mybb) because he was pissed at them.

you have quite a sense of humour zippy

 

[Rouxenator]

Unless you did something out of the ordinary like work extra hours without asking for overtime pay you should not expect anything extra at the end of the year.

 

[supersunbird]

Unless you did something out of the ordinary like work extra hours without asking for overtime pay you should not expect anything extra at the end of the year.

What if you have benchmarks and you score at least 140% on them every quarter, even 217% at times?

 

[chrisc]

I used to have to pay my staff's "bonuses" in about May, they could not wait until December. They naturally assumed that they would get one, despite their level of service and attendance

 

[Rouxenator]

Sounds like something out of the ordinary so yep, I'd say you deserve something extra then.

You can't expect a bonus if you just do your job everyday like you are required to - for that you get paid a salary.

 

[longboy]

I pay myself a 100% bonus every year in my birthday month, and the rest of the employees get a guaranteed 100%-150% performance bonus at December. Not a single staff member has left in the last 10 years.

 

[cguy]

Sounds like something out of the ordinary so yep, I'd say you deserve something extra then.

You can't expect a bonus if you just do your job everyday like you are required to - for that you get paid a salary.

It really depends on your industry's understanding of what a bonus is. It's not always used to just reward better than expected performance, but also to penalize worse than expected performance. This is very common overseas - in tech, where stock options grants, RSU grants and cash bonuses can typically make up 10-30% of your expected yearly income, and especially in finance where it is common to get less than 50% of your expected yearly income in salary, in which case, if you don't meet expectations, you will be paid significantly less than normal, but it has the upside that bonus money can easily be shifted from poor performers to good performers. As for the desirability: more risk means more reward, but the downside is huge too.

 

[SoulTax]

SoulTax, Madmann does have a point even though it may be distasteful. A lot of business people have more than one going concern and most of the time they don't mix the finances up. (Possibly for legal reasons.) Even well run businesses go through rough times. Can you say with certainty that he is drawing a salary from the failing business?

It's life. It is why he drives a sports car and you don't. He is able to start and run enterprises and you aren't.

I get his point and yours. I do not really begrudge a business owner for acting this way, but even if he is pulling money from elsewhere, as a "good" business owner, you need to be cognisant of the way that looks. Buying yourself a nice sports car immediately after telling your Employees that there is no money for bonuses. Obviously negative presumptions will follow. Rather wait 4 months and buy it then. It is not about where you really got that money from, but about the image that you present to the Employees whose loyalty you should be trying to keep.

A business owner that does not consider this factor, probably doesn't think much of his employees anyway. So the leap from there to withholding bonuses for selfish reasons is a pretty small one.