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+--- Thread: Factory workers to get year-end bonuses equal to 23-months' pay (/showthread.php?tid=67799)
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Factory workers to get year-end bonuses equal to 23-months' pay - Black Landlord - 12-08-2008
No bail-outs here.
http://www.bicycleretailer.com/news/newsDetail/2098.html
Re: Factory workers to get year-end bonuses equal to 23-months' pay - Racer X - 12-08-2008
I've never seen a year end bonus. hell, I've never been given a bonus period.
Re: Factory workers to get year-end bonuses equal to 23-months' pay - kj - 12-08-2008
Maybe GM should retool? kj.
Re: Factory workers to get year-end bonuses equal to 23-months' pay - mikebw - 12-08-2008
Racer X wrote:
I've never seen a year end bonus. hell, I've never been given a bonus period.
One year I got $20 in cash. At a different employer I received Starbucks gift cards a few times. Nice sentiment but not really a "bonus".
Re: Factory workers to get year-end bonuses equal to 23-months' pay - macphanatic - 12-08-2008
mikebw wrote:
One year I got $20 in cash. At a different employer I received Starbucks gift cards a few times. Nice sentiment but not really a "bonus".
What did they give the non-coffee drinkers?
Re: Factory workers to get year-end bonuses equal to 23-months' pay - blooz - 12-08-2008
I got a $100 bonus last year, a month before i got laid off.
Re: Factory workers to get year-end bonuses equal to 23-months' pay - mikebw - 12-08-2008
macphanatic wrote:
[quote=mikebw]
One year I got $20 in cash. At a different employer I received Starbucks gift cards a few times. Nice sentiment but not really a "bonus".
What did they give the non-coffee drinkers?
Same thing. I don't drink coffee so it was kind of a lame gift. I ended up getting hot chocolate a few times I think.
Re: Factory workers to get year-end bonuses equal to 23-months' pay - graylocks - 12-08-2008
macphanatic wrote:
[quote=mikebw]
One year I got $20 in cash. At a different employer I received Starbucks gift cards a few times. Nice sentiment but not really a "bonus".
What did they give the non-coffee drinkers?
Starbuck's has teas, chai, non-caffeine blended drinks, and hot chocolate, mugs and music.
(can ya tell i just started workin' there...)
Re: Factory workers to get year-end bonuses equal to 23-months' pay - Fred_Also - 12-08-2008
We used to have a company Christmas dinner where they would pass out our 'bonus' - a company calendar for the coming year.
Fred Also
Re: Factory workers to get year-end bonuses equal to 23-months' pay - cbelt3 - 12-08-2008
My company gives a bonus that is based on a percentage of our earnings before taxes. Since the 1930's. It's been as high as 150% of your years pay back in the 60's. This year was an awesome year, and it's going to be high. Next year will really suck, tho.
They do, however, pay Health Insurance premiums out of the bonus, and Uncle Sam takes a straight high percentage (Bonus income is taken off at a higher rate). Also the going rate for workers is lower than average- the bonus is an inventive. Bonuses are based on performance as well, so there's some incentive math there too.
It works. This is a highly motivated and productive workforce. And we're a heavy manufacturing company in Ohio, and making a profit.