Can I ask where the myth of a 50% pay bonus for all managers comes from? First i'd heard about it.
It's the kind of falsehood and chinese whispers that cause problems.
If we were to achieve a 10% operating Margin, the Management grades would get a bonus, of between 0 and 20%, based on thier individual performance for that year, the average would be about 10%, not 50%. If you sit around and do nothing, you get a very low performance score and get no bonus!
My dept. has over 50% fewer people than we had 2 years ago, with a workload 7% higher, and my pay has not gone up 57%, it's gone up 3%, with no performance bonuses for the past 3 years becasue of the poor financial results.
Your "secerative" pay deal of two years ago, beat my pay rise by a substantial amount so I wouldn't complain too much.
C&B