This is why more places should have performance related pay. Either as performance related pay rises or bonuses. That way people like Chad can do the minimum to not get fired, then bitch and moan about how they didn’t get a bonus this year.
I don’t think so. What something bad happens in your life and your performance goes down naturally for a while? You shouldn’t be punished for that and you might even need the money now more than ever
okay but you’re thinking of it as being entitled to the bonus in the first place, which is incorrect
Of course you have to factor in does profit sharing mean that they’re paying everybody less than they could, but excluding that factor, it is entirely a bonus, not a punishment
Having worked in retail sales where a significant portion of my pay was based on performance… there are a lot of problems with performance based incentives. They inevitably get people to focus on only the one or two aspects those are based on, while everything else suffers. They almost always end up punishing individuals that have any sort of outside situation like needing to take sick time or simply taking vacation time.
If all you give a shit about is work, which is not mentally healthy in most cases, especially since were talking about employees here not business owners and partners that are invested, that works for some people. Usually those that are trying to escape their life outside work are the ones that works best for, and that says a lot.
This is why more places should have performance related pay. Either as performance related pay rises or bonuses. That way people like Chad can do the minimum to not get fired, then bitch and moan about how they didn’t get a bonus this year.
I don’t think so. What something bad happens in your life and your performance goes down naturally for a while? You shouldn’t be punished for that and you might even need the money now more than ever
That’s a very good point.
okay but you’re thinking of it as being entitled to the bonus in the first place, which is incorrect
Of course you have to factor in does profit sharing mean that they’re paying everybody less than they could, but excluding that factor, it is entirely a bonus, not a punishment
The comment that I was replying to was also taking about pay, not just bonuses.
Having worked in retail sales where a significant portion of my pay was based on performance… there are a lot of problems with performance based incentives. They inevitably get people to focus on only the one or two aspects those are based on, while everything else suffers. They almost always end up punishing individuals that have any sort of outside situation like needing to take sick time or simply taking vacation time.
If all you give a shit about is work, which is not mentally healthy in most cases, especially since were talking about employees here not business owners and partners that are invested, that works for some people. Usually those that are trying to escape their life outside work are the ones that works best for, and that says a lot.