BA to pay UK staff £400 sweetener as bonuses shrink
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BRITISH Airways will hand staff £400 (S$694) and a free return flight to help make up for missed bonus payments. The payout, detailed in a letter to workers seen by Bloomberg and confirmed by BA, will be made to all UK employees. Staff were due to receive only a fraction of their standard bonus because earnings fell short of a £1.5 billion threshold and the carrier missed customer service and punctuality goals.
"The 2016 all-colleague bonus scheme has triggered at a much lower level than in previous years," the London-based unit of IAG SA said in the staff letter. "However, the British Airways board has decided that all eligible colleagues in the UK will receive a bonus with their March pay."
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