Oct 3, 2013
Beyond, Inc. Response
12yThe bonus system was changed for 2013 to address concerns like those expressed in this review about transparency. Basically, the 2013 bonus plan is to take a designated percentage of company profit as a company-wide bonus pool, determine how many weeks pay that amount represents, then award all eligible employees a bonus equal to that number of weeks. So for instance, if the bonus pool at the end of the year equals 2 weeks payroll for the company, then all eligible employees will get a bonus equal to 2 weeks pay. That will be true for executives as well as others. That should demonstrate 2 things: company leaders are listening to our associates' concerns and are willing to try new approaches to address those concerns where we can. Of course, no company is perfect, and we don't claim to be, but I think we get a bit of a bad rap at times from people who probably always find something about which to complain.