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PA bonus time

 
#1 PA bonus time
20/03/2007 22:29

tracy jacks

its that time of year again.

what do PAers think of bonus?

Seems like govt bonuses are pretty good considering market conditions (if down on previous few years) at 40% base salary (year end score 3)

pay rises abysmal at 5% for an end of year score 3

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#2 RE: PA bonus time
21/03/2007 09:46

anon to tracy jacks (#1)

40% - lucky bunch - I got zero as usual

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#3 RE: PA bonus time
21/03/2007 09:59

steve jacks to anon (#2)

Holy cow!!! 40% - is that across the board??!!

What are these year end scores you mention?

5% pay rise isn't great but with a 40% bonus who cares?? 5% is still above inflation anyway

Want to know what my pay rise was? I'll give you a clue - after inflation, it works out negative. Want to know what my bonus was? I'll give you a clue - it's a nice round number (and a single digit one at that).

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#4 RE: PA bonus time
21/03/2007 10:04

Pirlo to steve jacks (#3)

I hate to be technical, but 0 is not a number.

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#5 RE: PA bonus time
21/03/2007 10:13

no! to Pirlo (#4)

Pirlo,

I hate to be technical, but shut up.

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#6 RE: PA bonus time
21/03/2007 10:53

Anon to no! (#5)

What?? Yes it is.

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#7 RE: PA bonus time
21/03/2007 11:00

mathematician to Anon (#6)

Zero is a Real Number, a Rational Number but not always included as a Natural Number.

my bonus was the square root of f*ck all - it doesn't take a PhD in maths to work out the value of that

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#8 RE: PA bonus time
21/03/2007 11:26

steve jacks to mathematician (#7)

Some have described "bonus" as an "imaginary number"

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#9 RE: PA bonus time
21/03/2007 11:43

Beng to steve jacks (#8)

i got 129,765k as bonus last year - and im only 24.

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#10 RE: PA bonus time
21/03/2007 12:00

Anon to Beng (#9)

lol

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#11 RE: PA bonus time
21/03/2007 12:08

steve jacks to Anon (#10)

LOL sounds like that's another imaginary number of sorts

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#12 RE: PA bonus time
21/03/2007 12:44

realworld to Beng (#9)

nice, but "129,765"k equals 129,765,000 quids :)

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#13 RE: PA bonus time
21/03/2007 12:46

steve jacks to realworld (#12)

probably a goldman sachs employee

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#14 RE: PA bonus time
21/03/2007 14:20

bri500 to steve jacks (#13)

PA scores people 1 to 4, 1 being the lowest and says you've grossly underperformed, 2 being standard, 3 above average and 4 exceptional. The score differentials are used as multipliers on your bonus.

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#15 RE: PA bonus time
21/03/2007 14:25

The Top Consultant to bri500 (#14)

what are the multipliers set at?

i'm assuming score of 3 doesn't mean you get 3 times the 'score 1' bonus and so on?

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#16 RE: PA bonus time
21/03/2007 14:29

Anon to The Top Consultant (#15)

Beng obviously works in malawi, where the currency is the Kwacha. His 129,765k bonus translates into about £475.

So fairly low then. ;)

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#17 RE: PA bonus time
21/03/2007 14:45

The Top Consultant to Anon (#16)

It may not be much but it's infinitely more than I got

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#18 RE: PA bonus time
21/03/2007 15:05

bri500 to The Top Consultant (#17)

Varies by practice, but a person with a 4 might get 2.5-3 times more than a person with a 2.

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#19 RE: PA bonus time
28/03/2007 10:35

BTG-er to bri500 (#18)

Am a PC in BTG - rated 3, bonus = 27%

V v v pleased

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#20 RE: PA bonus time
04/04/2007 16:56

Personal Assistant to BTG-er (#19)

Don't be fooled by the headline bonus figure!! After employer's tax and the deferred element of the bonus (currently 20% for PCs), you don't end up with enough to compensate for the fact you get a crap basic to start with!

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#21 RE: PA bonus time
04/04/2007 18:23

PAer to Personal Assistant (#20)

Well what do you guys expect ? We are not a Bain or Mckinsey. In-fact we are not even an accenture. Get to terms with the fact that either PA needs a big change or it'll be the same old average british mc with average pay and average ppl.

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