Who still gets a Bonus?





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  1. #1
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    Default Who still gets a Bonus?

    Don't want to know your business, I'm more interested in if this is something companies still do this?

    Just looking at my history, in the past (my past like 18yrs ago) it was a bonus, then it became a 13th cheque.
    Now it seems like it's part of your package so in essence you can get the monies monthly or in December. But it's not really a bonus like a little here you go for all your hard work during the year.
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  2. #2
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    Default Re: Who still gets a Bonus?

    Quote Originally Posted by ViperR View Post
    Don't want to know your business, I'm more interested in if this is something companies still do this?

    Just looking at my history, in the past (my past like 18yrs ago) it was a bonus, then it became a 13th cheque.
    Now it seems like it's part of your package so in essence you can get the monies monthly or in December. But it's not really a bonus like a little here you go for all your hard work during the year.
    Used to get a bonus until 2019. Changed jobs (was being retrenched) and the new company does not give bonuses.

    Its strange that a big corporate company cannot give a bonus, but my wife's small company can give them a yearly bonus equivalent to their salary...
    Last edited by IcePick88; 2020/11/25 at 11:44 AM.
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  3. #3
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    Default Re: Who still gets a Bonus?

    Bonus 🤣🤣🤣🤣🤣🤣🤣 we still waiting for August, Sept, Oct pay 😡😡😡😡
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  5. #4
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    Default Re: Who still gets a Bonus?

    Quote Originally Posted by ViperR View Post
    Don't want to know your business, I'm more interested in if this is something companies still do this?

    Just looking at my history, in the past (my past like 18yrs ago) it was a bonus, then it became a 13th cheque.
    Now it seems like it's part of your package so in essence you can get the monies monthly or in December. But it's not really a bonus like a little here you go for all your hard work during the year.
    Yip, ours is also called a 13th cheque. Over the years they added a 14th cheque at the end of February if the company did very well. I think the term bonus is out of the window as people are now “expecting” to get it each year, so it is not a bonus anymore.

    Some even calculate that into their budget which means they already spend it during the year as part of their income due to prices of everything going up.

    But for us the 14th cheque is now a “bonus” as you don’t bargain on it anymore and when you get it, it’s a bonus.
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  6. #5
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    Default Re: Who still gets a Bonus?

    I know of a couple of companies that still do.

    Mine for instance gives a mid year and a year end performance bonuses.
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  7. #6
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    Default Re: Who still gets a Bonus?

    Quote Originally Posted by clivemd View Post
    Bonus 🤣🤣🤣🤣🤣🤣🤣 we still waiting for August, Sept, Oct pay 😡😡😡😡
    I Know that feeling!!
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  8. #7
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    Default Re: Who still gets a Bonus?

    I have absolutely no idea what this thing "bonus" is.
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  9. #8
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    Default Re: Who still gets a Bonus?

    We operate under MIBCO, compulsory bonuses.

    IIRC two weeks worth of the minimum wage of the paygrade you are on.

    SWAMBO works for a tertiary institution, they get 13th cheque in their birthday month as well as a smaller Christmas bonus as well as performance bonus every 3 years IIRC.
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  10. #9
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    Default Re: Who still gets a Bonus?

    We pay performance bonuses. Its my favourite time of the year when those who had convenient stomach bugs every Friday or Monday ask for a meeting to discuss why they didn't get a 13th cheque and I can explain that it is a B O N U S. You are not entitled to it! You earn something extra by exceeding the minimum expectation not simply meeting the minimum standard.

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  12. #10
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    Default Re: Who still gets a Bonus?

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  13. #11
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    Default Re: Who still gets a Bonus?

    13th cheque in birthday month, but no bonus for hard work, so.....
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  14. #12
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    Default Re: Who still gets a Bonus?

    We are blessed. All my staff earned full salary for this year. Nobody lost jobs. Full commissions were paid every month. The staff also got 50% bonus today.

    Salary increases next march is still a debate. If any it may be around inflation levels.
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  16. #13
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    Default Re: Who still gets a Bonus?

    Performance-based here (company's profit & individual performance). My company has been doing quite well since start-up a decade or so ago, so a 13th is somewhat the norm/benchmark here with an added amount based on individual performance.
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  17. #14
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    Default Re: Who still gets a Bonus?

    Last time I got a bonus was about 8 years ago, Got one in June and one in december,

    Then the company hit "hard times" and it stopped

    Changed jobs 3 times since then, never getting one.


    New company gives out vouchers every month, Should be getting next week. Really excited!

  18. #15
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    Default Re: Who still gets a Bonus?

    On that note - it took the pandemic to gel the team as a unit where everybody realized they are working for their jobs and not for the boss. They have also now realized that working as a team is much easier and little squables is resolved amoungst themselves.

    They were all prepared to forego their bonusses if required.

    I am currently in hospital and the business is working like clockwork.

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  20. #16
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    Default Re: Who still gets a Bonus?

    Yeah, use to get smaller bonuses twice a year at one stage. But then moved to a larger cooperate and they don't do bonuses except maybe in top management.
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  21. #17
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    Default Re: Who still gets a Bonus?

    Since i started working companies I have been working for (all in financial IT ) we got performance based bonusses per team. the better you do the better your bonus. which can easily be almost double your pay.

    but as a few mentioned - it becomes an expectation quite easily, specially by those LG's (luigatte).
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  22. #18
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    Default Re: Who still gets a Bonus?

    We still got a bonus and pay a monthly "bonus provision" that will cover the tax in November when you get it so you get a "full" month's salary. However, we only been getting half pay and I doubt a bonus will be paid this year. At least we will hopefully get the "Bonus Provision" part we paid, back. My industry has seen its ass. I doubt I will have work next year, let alone bonus. Things are crumbling fast....

  23. #19
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    Default Re: Who still gets a Bonus?

    Quote Originally Posted by Caracal View Post
    I Know that feeling!!
    Me Three....
    Our 13th check is part of the TCE for each grade so it's something we should get. Hopefully....
    We will also hopefully get paid this month...
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  24. #20
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    Default Re: Who still gets a Bonus?

    A bonus is basically my main incentive.

    The idea is that for every R1 I get in salary, I should get R1 in bonus.

    But this is all dependant on how well we do.

    If we make a loss for the year, then I receive no bonus.

    If we shoot the lights out, then the bonus can be unlimited.

    So, if I get a salary of R1m, I could theoretically get a bonus of R5m.

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