Performance pay deals

Performance pay shaped the pay agenda in recent deals from the Labour Research Department’s Payline database.

Bosch Lawn & Garden, Stowmarket, applied a 1.25% increase, but is phasing in a performance-related scheme based on key business goals.

Achievement at Bosch will be measured using a scale from 0.0 to 2.0 with incremental steps of 0.1. A score of 1.0 pays out 50% of bonus and 2.0 full bonus. For 2013, bonus payments are up to 2% of pay, but for 2014 onwards will be up to 4%.

www.lrd.org.uk/payline/plagree.php?LRDref=AA318

A more conventional deal applies at the Unity Trust Bank with a 2.25% paybill increase paid according to performance and the position of current salary in relation to the market. There was no increase for Assessment level 1, other performance levels attracted increases ranging from 1.5% to 3%.

www.lrd.org.uk/payline/plagree.php?LRDref=AU067

Staff at SIS Outside Broadcasts got a pay rise of 1.75%, but in discussions about performance-related pay a possible average increase of 3% next year has been indicated.

www.lrd.org.uk/payline/plagree.php?LRDref=AS19