Standard Life Aberdeen CEO Tells Staff Some Won’t Get Bonus

  • Asset manager’s bonus pot to be smaller than in previous years
  • Payouts will be made to reward stand-out performance by staff

Stephen Bird

Photographer: Brent Lewin/Bloomberg

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Standard Life Aberdeen Plc has told its employees that some of them won’t be getting a bonus this year.

The asset manager’s bonus pot will be smaller than in previous years, and payouts will go to those who have made a “particularly strong contribution,” a spokesperson for Standard Life Aberdeen said in an emailed statement. That means not all of the firm’s nearly 4,900 employees in the U.K. will get something extra in their pay envelope.