Webmart has devised a Senior EXecutive Incentive Scheme (SEXi for short) for all Webmarteers.
It’s a scheme that’s designed to recognise the contribution EVERY Webmart employee makes in generating value through our value chain – for suppliers, for Webmart and for our customers. A large proportion of the added value that comes Webmart’s way is then distributed amongst all Webmarteers who’ve been here over two years as an annual bonus that’s paid after the audit, typically in June. The SEXi bonus is calculated as a percentage of base salary.
We’re a bit like John Lewis. On speed.
Here’s Webmart CEO, Simon, explaining the principles behind the SEXI scheme on a windswept Yorkshire moor and announcing the SEXi bonus. This video covers financial year 2014-15 when it was a whopping 43.7% of everyone’s salary.
The SEXi scheme works differently depending on how long you’ve worked here. Below are some of the highlights. For the full text, grab the SEXI Scheme PDF.
Day 1 to 2 Years’ Continuous Employment
The Margin-O-Meter scheme – if Webmart invoices more margin than in the same month a year ago, you get a bonus.
2 Years+ Continuous Employment
SEXiBonus - this is a % of your base salary as a bonus: the amount is dependent entirely on the company’s profitability. Payment is made in June.
Webmart loves to incentivise Webmarteers to get involved in charitable giving, with a 50%-75% subsidy depending on charity and years at Webmart.
To date we're massively pleased to say we've donated a grand total of over £500,000 to charity.
Webmart Employee Loan Program
Up to £5000, interest free.
Webmart Employee Help Scheme
Up to £500 per year.
If you're interested in becoming a Webmarteer, please enter your details below along with your CV, skills and covering letter and if anything appropriate comes along, we'll call you up!