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Incentive / non incentive

Our whole team has been propositioned with this from our manager:


'to work 2 hours extra a day so that we can reach our target of 90%. once 90% target has been reached, we will all individually get £750'




the thing is... the additional 2 hours the managers want us to work is UNPAID/NON BILLABLE...


with a quick calculation, if I worked 2 hours extra every day for 5 days, for 4 weeks, that would total around £1,300 extra... but the managers are saying we will get £750....


how does/would that make economic sense (for me/us??)




what would you guys do? would you do it?


another factor is that im contracting so im nervous that for some reason, they may terminate the contract (as we all know contracting is volatile)

Comments

  • TELLIT01
    TELLIT01 Posts: 18,604 Forumite
    Part of the Furniture 10,000 Posts Name Dropper PPI Party Pooper
    edited 5 December 2016 at 11:29PM
    The other calculation which needs to be made is how many hours everybody will have to work to hit the 90% target. If that is actually fewer hours than would be required to earn the money then it might be a good deal, if not it clearly isn't.

    My feeling has always been that a general failure to hit targets is for the management to sort out, and if I'm not the manager it's not my problem. I went to work, did my job and went home. If there was work left uncompleted on a regular basis (in a production type environment) then management needed to sort out staffing levels.
  • daytona0
    daytona0 Posts: 2,358 Forumite
    If they are offering you £0 for the work (voluntary) then it makes economic sense because your voluntary work could result in a £750 payment.

    That being said, it sounds pretty dodgy! I would personally only ever accept gettin paid for the graft I put in, never on the possibility that I might get a bonus!
  • theoretica
    theoretica Posts: 12,691 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Is it definite that you will meet the 90% target? How long is it likely to take?

    Just because it is less than your normal hourly rate (if it is), is not a reason to reject it - what matters is how much the time is worth to you. You might welcome a second, lower paid, job before Christmas, or you might not.
    But a banker, engaged at enormous expense,
    Had the whole of their cash in his care.
    Lewis Carroll
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