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re: How do you Pay out Bonuses to your employee's?

Posted on 12/21/17 at 11:12 am to
Posted by lake2280
Public intellectual
Member since Nov 2012
4474 posts
Posted on 12/21/17 at 11:12 am to
1 1/2 percent of the net profit is divided equally between team members as long as the goal of 15% net is reached.
Posted by biglego
San Francisco
Member since Nov 2007
85576 posts
Posted on 12/21/17 at 11:15 am to
I just give them all free French fries for the day. All they can eat. They still have to cook the fries themselves.
Posted by TutHillTiger
Mississippi Alabama
Member since Sep 2010
49872 posts
Posted on 12/21/17 at 7:08 pm to
Borrow it if you have too
Posted by lucaslsu
LSU!
Member since Oct 2007
8647 posts
Posted on 12/21/17 at 7:26 pm to
Employees*
Posted by Eric Stratton
Faber College
Member since Mar 2015
2056 posts
Posted on 12/21/17 at 7:33 pm to
We didn’t get a bonus this year so anything would be nice, I’d take a membership to jelly of the month club
Posted by glorymanutdtiger
Baton Rouge
Member since Jun 2012
4611 posts
Posted on 12/21/17 at 7:38 pm to
I didn't get bonus the last 2 years. He pays me very good salary based on national rate even though i work from baton rouge. I cant complain. Bonus would be nice though
This post was edited on 12/21/17 at 7:40 pm
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 12/21/17 at 7:42 pm to
I have never received a bonus

But we do get free McFlurrys on Christmas and thanksgiving if we fix the machine
Posted by FLTech
he/won
Member since Sep 2017
29195 posts
Posted on 12/21/17 at 7:48 pm to
1/2 year = 1/2 paycheck
1 years = full week paycheck
2 years = 2 weeks paycheck
3 years = 3 weeks paycheck
4 years = 4 weeks paycheck
5 years = 5 weeks paycheck

After 5 - they are tapped out until the reach 10 years and get a 10 weeks paycheck
Posted by arkiebrian
NWA
Member since Nov 2006
4167 posts
Posted on 12/21/17 at 7:51 pm to
Typically it's 15%-25% of yearly salary. It's been as low as 10% and as high as 30%. This year it was 15%, had some restructuring.
Posted by Eric Stratton
Faber College
Member since Mar 2015
2056 posts
Posted on 12/22/17 at 8:00 am to
I'm in the same boat, a bonus would be nice but at my salary you definitely aren't gonna see me bitch and lose my job over it.
Posted by chinhoyang
Member since Jun 2011
26236 posts
Posted on 12/22/17 at 8:02 am to
I write myself a check.
Posted by Hickok
Htown
Member since Jan 2013
2987 posts
Posted on 12/22/17 at 8:08 am to
This year I think what he did was take the difference between the increased revenue and increased expenses, divided it by the number of employees, then put it all in his pocket while not giving a Christmas party.
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
71850 posts
Posted on 12/22/17 at 8:13 am to
quote:

First, I'm not a baw.


The pettiness and grudge holding all make more sense now.
Posted by GFunk
Denham Springs
Member since Feb 2011
14970 posts
Posted on 12/22/17 at 8:47 am to
quote:

ldts


quote:

They never got payed for lunch, and we all usually ate at the same place.


To go along with your fickle, idiotic, morale destroying decision-making with respect to your subordinates, it seems we’ve identified a second reason you no longer have employees.
This post was edited on 12/22/17 at 8:49 am
Posted by Clark W Griswold
THE USA
Member since Sep 2012
10955 posts
Posted on 12/22/17 at 8:54 am to
Companies that give bonuses are basically admitting that your salary is too low.
Posted by SidewalkDawg
Chair
Member since Nov 2012
10308 posts
Posted on 12/22/17 at 8:56 am to
quote:

Clark W Griswold


You missed an opportunity for humor in this thread.
Posted by NOLA Tiger
New Orleans
Member since Sep 2006
844 posts
Posted on 12/22/17 at 9:31 am to
End of year/Holiday celebration includes: monetary payment based on annual performance of the company (usually have 1-2 other bonuses throughout the year as well), gift and nice office lunch. Hard work should be rewarded and staff needs to feel valued and appreciated.

Posted by Monday
Prairieville
Member since Mar 2013
5257 posts
Posted on 12/22/17 at 10:08 am to
Several years ago my bonus was $10. They paid way more than that in salary for us to wait for our manager to get there. In all fairness, I think it came from his own pocket, but a waste nonetheless.
Posted by loweralabamatrojan
Lower Alabama
Member since Oct 2006
13286 posts
Posted on 12/22/17 at 10:21 am to
quote:

Companies that give bonuses are basically admitting that your salary is too low.


Last year I got a nice bonus. It was a very profitable year for the company. 2017 has been a lot slower for us so I'm not expecting much, if anything.

I think a bonus program helps retention in industry with high employee turnover. Human capital is important.
Posted by joeytiger
Muh Mom's House
Member since Jul 2012
6037 posts
Posted on 12/22/17 at 10:24 am to
We give Quarterly if business is good and almost every year (sans 2009) give a really nice Christmas bonus to all employees. Amount is based on performance, attitude and longevity with the company. Less than 10 employees though.
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