chatham
I have to agree with you the so called bonus is for work done. Although it is correct that if you divide your annual salary by 12 that is what you get per month, we are actually paid for 371/2 hrs per week you will find that for the 7days extra you work for the 7 months that have 31 days in it minus feb with either 28/29 days that will equate to the amount that was originally given as a summer bonus.Work it by the hours and not the months and you will find that you are only paid for a 30 day month. This is normal practice with such large firms and enables the company to reap the interest. The unions negotiated this then to be paid at xmas for convenience.