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Amicus Guide

to Bonus

Schemes

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What is a Bonus Scheme? 4

Why have a Bonus Scheme? 4

Types of Bonus Scheme 5

Bonus payments 11

Negotiating/Equality issues and Bonus Schemes 13

Bonus Schemes a Trade Union perspective 16

Conclusion 18

32

Amicus Guide to Bonus SchemesFirst printing April 2006

Published by Amicus

General Secretary Derek Simpson

35 King Street, Covent Garden, London WC2E 8JG

This guide book is downloadable in PDF format fromwww.amicustheunion.org

Hayes CourtWest Common RoadBromley BR2 7AUTel: 020 8462 7755Fax: 020 8315 8234

33-37 Moreland StLondonEC1V 3HATel: 020 7505 3000Fax: 020 7505 3030

CONTENTS

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ConclusionThe key to trade union approval of bonus and merit pay schemes is

involvement and understanding. Where such schemes are fully

negotiable and the advice outlined in this guide is followed, such

schemes can be well received by members. However, schemes

must be kept under regular review and workplace representatives

must ensure that they are kept fully informed of payment levels

under such schemes and monitor the distribution of payments.

Most importantly, workplace representatives must ensure that all

aspects of the scheme are fully negotiable.

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