Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
Business
December 5, 2009

You have to earn your $0000’s

Bonuses being linked to performance

THOUGH bonuses are not guaranteed, employers say their staff can increase their chances of getting a bonus payment if certain conditions are met.

Scotiabank and NCB have shown that profitability is key, with their over 10 billion profits each this year.

John Marzouca, head of a transport empire, says everyone in the company must contribute to the bottom line.

“The driver has to be a part of it, the office staff has to be a part of it. Everybody has to contribute to making sure that the company stays viable. We have to be watching our expenses, because expenses are a big part of it,” he says. “We have a big staff and they know what it takes for us to be able to pay the bonus.”

Anya Levy, executive director of Valerie Levy and Associates, a real estate firm, says recession or not, bonuses can be paid, “but the employees have to ensure that they really look at the organisation and treat it as their own.”

Adds Levy : “They have to see how they can be more efficient with their jobs and increase the profit margins of the companies.”

“What has happened is that the pie is shrinking. What they have to do is to ensure that their companies have a bigger piece of the pie”, she says. Levy, who manages the real estate company, says that because of competition, employees play a major role in maintaining the profitability of organisations. She stresses efficiency, productivity and a focus on customer service.

“The real estate business is a service business. If I pick up the phone to call my clients and they don’t like the way I speak to them, they will just pick up the phone and call someone else”, she says.

For this reason, Levy stresses that employees should think about the bonus at the end of the year, from the moment they start working.

“It has to be done not just in the December season. It has to be something that you think about from January to December,” she says. “If employees don’t elevate themselves and elevate the companies then they are not going to see those zeros that they want to see,” she said. That competitive drive is so much more crucial now. The bonus is not a given, you have to earn it.”

Like Marzouca, Levy also stressed the need for collective effort. “Its got to be a team effort, because you alone cannot change the organisation. Employees need to have accountability, responsibility and the profits will trickle down to them in the end.”

{"website":"website"}{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Accountant charged after allegedly pointing gun at woman during argument
Latest News, News
Accountant charged after allegedly pointing gun at woman during argument
November 23, 2025
KINGSTON, Jamaica — A 30-year-old accountant is facing multiple firearm-related charges after allegedly pointing a gun at a woman during an argument o...
{"jamaica-observer":"Jamaica Observer"}
World Central Kitchen serves over one million meals in Jamaica after Hurricane Melissa
Latest News, News
World Central Kitchen serves over one million meals in Jamaica after Hurricane Melissa
November 23, 2025
ST JAMES, Jamaica — World Central Kitchen (WCK) has served over one million hot meals across western Jamaica, providing vital relief to residents affe...
{"jamaica-observer":"Jamaica Observer"}
Fund established to support tourism workers affected by Melissa
Latest News, News
Fund established to support tourism workers affected by Melissa
November 23, 2025
ST JAMES, Jamaica — Minister of Tourism Edmund Bartlett has welcomed the support from private sector organisations in the establishment of a $1billion...
{"jamaica-observer":"Jamaica Observer"}
Golovkin elected president of World Boxing
International News, Latest News
Golovkin elected president of World Boxing
November 23, 2025
PARIS, France (AFP)—Former middleweight champion Gennady Golovkin was on Sunday elected president of World Boxing, which will run the sport at the 202...
{"jamaica-observer":"Jamaica Observer"}
Caribbean legislators in New York rally community for Jamaica relief
Latest News, Regional
Caribbean legislators in New York rally community for Jamaica relief
November 23, 2025
NEW YORK, United States (CMC) — In what has been described as a powerful display of unity, service and Caribbean pride, Caribbean legislators in New Y...
{"jamaica-observer":"Jamaica Observer"}
Cop among four arrested after goats and gun seized in Clarendon
Latest News, News
Cop among four arrested after goats and gun seized in Clarendon
November 23, 2025
CLARENDON, Jamaica — A police constable is one of four men who have been arrested after lawmen intercepted a vehicle along the Morgan's Pass main road...
{"jamaica-observer":"Jamaica Observer"}
78 per cent of schools reopen so far
Latest News, News
78 per cent of schools reopen so far
November 23, 2025
KINGSTON, Jamaica — Minister of Education, Skills, Youth and Information, Senator Dana Morris Dixon, says as of November 19, 2025, 78 per cent or 791 ...
{"jamaica-observer":"Jamaica Observer"}
G20 grapples with splintering world order
International News, Latest News
G20 grapples with splintering world order
November 23, 2025
JOHANNESBURG, South Africa (AFP)—G20 leaders wrapping up a summit in South Africa on Sunday hailed multilateralism -- even as they struggled to adapt ...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct