Members will be aware from previous issues of Corus Community that Corus had indicated a desire to replace the current Lump Sum Bonus with a new system based on RONOA.
Your Community Representatives were not convinced that this was in the best interests of our members. RONOA was thought to be too complicated to calculate and too difficult to show how an individual’s performance would affect their bonus.
As a result of discussions with Community, Corus have withdrawn the proposals for RONOA based bonuses.
Community and Corus are now exploring the possibility of Lump Sum Bonuses being related to Annual Plans.
This would see your union representatives having a much greater involvement in setting Annual Plans as well as monitoring and reviewing bonuses against Annual Plans.
There has been no agreement yet as negotiations with Corus are ongoing. Community will be sure to keep members up-to-date on this issue throughout the process.