BAe staff given vote on bosses’ bonuses

British Aerospace has introduced a popularity poll of staff to help decide its directors’ bonus levels. The company’s 48,000 employees will be asked to rate the performance of bosses in a bi-annual survey. A series of 12 questions will be asked in the survey and the results will determine 10% of executive bonuses. Mike Peters, […]

British Aerospace has introduced a popularity poll of staff to help decide its directors’ bonus levels.

The company’s 48,000 employees will be asked to rate the performance of bosses in a bi-annual survey. A series of 12 questions will be asked in the survey and the results will determine 10% of executive bonuses.

Mike Peters, head of communications at BAe, said about 1,500 of the company’s senior executives would be affected. Results will be on a divisional basis and individual bosses will not be singled out.

The proportion of bonus staff say should be awarded to board members will be given out evenly.

`The questions will demonstrate the way people see they are being managed,’ said Peters.

`All senior executives, the top 1,500 people in the company, have been through training on reflecting the employee values and one of those is valuing people.’

Chairman Sir Richard Evans received the highest bonus, of £175,000, last year, according to BAe’s annual report.