John Lewis staff braced for bonus cut
Getting on my tits at this precise moment:
www.guardian.co.uk/business/2012/mar/02/john-lewis-staff-bonus-cut

Staff at John Lewis and Waitrose are braced for their first bonus cut in three years as the employee-owned firm shows it is not immune from the economic downturn.

John Lewis Partnership publishes full-year results on Wednesday, when analysts expect it to announce a payout of between 12% and 14% of salary for its 77,000 staff, known as partners.

They were awarded 18% of salary from a bonus pot of £194.5m last year, making this the first reduction since 2009.

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I hate 'news' reports like this. The use of the term 'braced' as if they're about to be told they're all being sold off for organ transplants.

It's not as if any of them are losing their jobs, not even as if - shock fucking horror - they're getting no bonus. No, they're 'braced' for the catastrophic news that... Their bonus will be less this year. Not absent, merely less.

I actually find the 'partnership' cooperative aspect of staffing at John Lewis admirable, but 'news' stories like this utterly debase it by making them look like spoilt cunts who didn't get quite as many sweets today as they did yesterday.
(Harry Webshiter Spiggley biggley bog., Fri 2 Mar 2012, 10:27, 8 replies)

There is a massive problem with people in any job thinking that their bonus is a given part of their rewards package.
It's not. It's a bonus. The clue is in the name.

And I say that as someone getting their full 20% this year. It's fantastic, but I wasn't relying on it because, you know, I am aware that it's a bonus.
( scarpe We Stole Bikes, Fri 2 Mar 2012, 10:36, closed)

I do hope you'll be donating it to a good cause?
The Occupy movement, perhaps?
( monster munch person, man, woman... camera... TV?, Fri 2 Mar 2012, 10:41, closed)

Yup, If me occupying a seat on a plane to New York counts.

( scarpe We Stole Bikes, Fri 2 Mar 2012, 10:42, closed)

do suicide bombers
get bonuses?
(magic the cat will someone please think of the kittens, Fri 2 Mar 2012, 10:51, closed)

72 virgins, innit?

( Je suis un vagabond is an unfunny, up your own arse middle class knob, Fri 2 Mar 2012, 11:14, closed)

No...
...the bonus is if they don't all look like Anne Widdecombe.
(Harry Webshiter Spiggley biggley bog., Fri 2 Mar 2012, 11:24, closed)

Much like B3ta then?

( scarpe We Stole Bikes, Fri 2 Mar 2012, 13:43, closed)

It's not really a bonus at JLP
It's a profit share, and everyone gets the same proportion of their salary, not just a few well paid people at the top.
(ubergeekian, Fri 2 Mar 2012, 11:35, closed)