SazzJ Posted March 30, 2014 Share Posted March 30, 2014 I know there is a thread on the committee members board re wages but can I ask if any of you's pay bonuses and how you calculate these please? Quote Link to comment Share on other sites More sharing options...
Melba Posted March 30, 2014 Share Posted March 30, 2014 We have done it once as it seemed like a safer way to use a profit at the end of the year than a large pay rise that might not have been sustainable in future years. We gave a percentage of hours worked over a year and gave it as extra holiday pay. 1 Quote Link to comment Share on other sites More sharing options...
SazzJ Posted March 30, 2014 Author Share Posted March 30, 2014 We just pay our holiday pay within our hourly rate. I was thinking of paying it on July's wage Quote Link to comment Share on other sites More sharing options...
Inge Posted March 31, 2014 Share Posted March 31, 2014 we used to look at finances at end of year and calculate if/how much could be used... then look at staff performance... how many unpaid hours was taken into consideration... if someone was doing a lot they would generally get more of a bonus.. most of the time we gave a weeks wage or two if we could.. usually paid in August.. which sometimes meant that was the month we go paid the most... as an aside.. you cannot be paid holiday pay within your hourly rate... it is illegal and classed as rolled up pay... makes your hourly rate higher than it actually is.. This is very. different to having the extra weeks added to an annual pay and that paid over a year.. so you are getting a wage on weeks you are not working...that is legal... very confusing but there is a distinction between them... Quote Link to comment Share on other sites More sharing options...
SazzJ Posted March 31, 2014 Author Share Posted March 31, 2014 TBH I have no idea how it works lol I just took over from treasurer and account deals with it lol. I will however make it my mission to look into it tomorrow x Quote Link to comment Share on other sites More sharing options...
SazzJ Posted March 31, 2014 Author Share Posted March 31, 2014 TBH I have no idea how it works lol I just took over from treasurer and account deals with it lol. I will however make it my mission to look into it tomorrow x 1 Quote Link to comment Share on other sites More sharing options...
SazzJ Posted March 31, 2014 Author Share Posted March 31, 2014 I know we get a salary which is the same each month unless staff are ill in which case I message account how many hours they were off and they sort it. Def my priority though x Quote Link to comment Share on other sites More sharing options...
Rea Posted April 1, 2014 Share Posted April 1, 2014 Our staff tend to get a very small bonus at Christmas, usually £20 gift card. Our accountant said cash would be taxed, but a gift card wouldn't. We couldn't think of another way of doing it Quote Link to comment Share on other sites More sharing options...
Fredbear Posted April 1, 2014 Share Posted April 1, 2014 Yes ours generally get a little gift in their Christmas pay. For all staff that pay tax we pay the extra taxable amount so everybody gets the same. Quote Link to comment Share on other sites More sharing options...
finleysmaid Posted April 1, 2014 Share Posted April 1, 2014 i get a performance related bonus based on numbers of pupils and appraisal but i'm afraid as yet my staff do not...unless you include the odd cake at staff meeting or bunch of flowers for something special! Quote Link to comment Share on other sites More sharing options...
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