Xmas bonus

Re: Xmas bonus

jamie winstone — Sun, 22 May 2011 12:33:13 GMT

For many years i gave a small cash bonus to all members of staff, but as times got harder and staff got more numerous I revisited the whole concept.

What I ended up doing was paying an extra £200 in December which was financed by the staff themselves as part of a (generous) pay rise. This way noone felt their pay had been docked to fund their bonus, all the staff get more money at Christmas and I no longer feel resentful in December which is always our worst month.

Giving money away was never my strongest attribute.

Jamie

Re: Xmas bonus

Mark Hedberg — Sun, 22 May 2011 09:49:40 GMT

No, excellent time to be thinking about it. :) best way to run a shop is to plan out your expenses as far ahead as possible.

Re: Xmas bonus

Ian Mostyn — Sun, 22 May 2011 09:01:26 GMT

Yes. We have a good night out as well. £100 - £250 depending on seniority / time worked for us & loyalty gets rewarded. More if we have had a good year. Only if someone has been useless would they get less but they would still get something. Someone who has done exceptionally well would get more. We always give in November so everyone has the extra money BEFORE Christmas to spend on shopping / parties etc. I know it doesn't compare to bankers bonuses but I hope it is a nice pre-Christmas present for everyone.

Ian

PS Odd time of year to be thinking about it?