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re: Update: Christmas Bonuses

Posted on 11/29/18 at 8:18 am to
Posted by PearlJam
NotBeardEaves
Member since Aug 2014
13908 posts
Posted on 11/29/18 at 8:18 am to
For the future, bonuses should be tied to profits and reward production over seniority. The structure should be clear and well communicated to the employees.

ETA: as for the current situation, be honest, upfront and let the employees know as soon as possible.
This post was edited on 11/29/18 at 8:20 am
Posted by GenesChin
The Promise Land
Member since Feb 2012
37709 posts
Posted on 11/29/18 at 1:56 pm to
quote:

bonuses should be tied to profits


Our company gives out a target profit sharing amount every year. Every quarter, we update guidance on where we are vs target so no one is surprised



Good companies communicate with employees so there are no surprises
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