£15000 Commitment Bonus

#1
Brown has just announced in The House a 15k Commitment Bonus for 'some long-serving military personnel'.

BBC

No news on who or how it will be aimed.

No doubt aimed at all the wrong people yet again.

Also '£20m fund to help armed forces purchase homes.'

Hmmmm. :roll:
 
#3
The-Lord-Flasheart said:
No doubt aimed at all the wrong people yet again.

Hmmmm. :roll:
Or it will be aimed at the 'right people' but with 20 obscure qualifying hoops to jump through, which most will not be able to do.
Cynical, moi?
:wink:
SP
 
#4
I wonder if it is all at once and up front? In the U.S. Army it is usually in increments and isn't tax free unless you reenlist in a combat zone.
 
#7
My guess is it will be something like the old aircrew FRI.

In which case it will be £15k before tax to commit to at least 5 years.

Hmm that works out at about £6.50 extra a day.

Where do I sign?? :roll:
 
#8
I reckon it a quid each for everyone of the 15000 TA rumoured (on other threads) to still have jobs after this review.......
 
#9
datow, just seen your link and it looks even more pants than my speculation.

At 8 year point some may be eligable to £15k (Commitment Bonuses are a taxable lump sum and are subject to National Insurance contributions.)
 
#10
and nothing for anyone over 8 years me thinks.........
guess we all miss out again and just have to stay for our pensions..... oh and for the love of the job horah the corp!!
 
#11
datow_26 said:
take a look here
http://www.gnn.gov.uk/environment/f...777&NewsAreaID=2&NavigatedFromDepartment=True

it does make you think what about everyone that has done more than 8 years? do we just get 15k. or will we miss out on another bonus!!!!! everything seems to be for the new lads and nothing if you have done a few years...........
Yes, everything is geared towards the sprog nowadays. Z Type Accn, cafeteria style cookhouses and naafi bars. It seems the more senior you get the crappier the deal. Oh well, at least they are attempting to get us all on the housing ladder. Hey, I just thought. Being as the Government is now in charge of Northern Rock, they could arrange a low percentage mortgage rate for servicemen, deductable at source, with builders being financially encouraged to develop more affordable homes.

I would gladly show my arrse in Harrods window if they did that. :)
 
#12
basically just increases to the existing commitment bonuses for junior ranks and the housing bit is likely to turn out to be piffle! So nothing there for long serving SNCOs or anything at all for Officers.
 
#13
see if after 12-15 years you got 15k then that wouls be the deposit for the house you would now need for your wife and kids..... not just give it away in the first 8 years to lets face it piss it up the wall.
or are they hoping that the single guys of 5-8 years will piss it up in PAYD Units so it will go back to uints via gainshare......... am i sounding sour yet?
 
#15
Whats the betting that those who are eligable have to be SAS trained para-commando PTI with fire NCO training or some other long winded bollocks.

As to the treatment of seniors everyone knows that very few are ever going to sign off so they don't have to keep you happy.
 
#16
Where will the funds come from? The ever-shrinking (real terms) defence budget, I bet, so that means equipment requirements will be shelved to make the funds available.
 
#17
Yet another bonus for me to miss out on. Maybe one day.....dream on
 
#18
Bloody typical if it's aimed at junior rates who've done less than 8 years service.

No offence to the juniors but what about those of us who worked our nads off to get to Senior level at the same point?

I've done 11 years and am a SNCO-my accommodation is fairly decent but my mess is shite compared to what the Junior Rates have (a brand spanking new facility that opens up in a couple of weeks).

Why are they giving fcuking increased bonuses to those at the 8 year point but absolutely nothing to those between the 8 year and 22 year point?

If shite like this carries on, my notice is going in the year after next like an awful lot of other SNCO's.
 
#20
Lumpy said:
I reckon it a quid each for everyone of the 15000 TA rumoured (on other threads) to still have jobs after this review.......
hahaaa
 
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