Standard Life Aberdeen faces staff revolt on 'doughnut' bonuses - reports

The fund giant, which suffered more than £40bn of outflows last year, is understood to have dramatically slashed bonuses across the firm, according to The Telegraph. The paper reports that some staff said their bonuses had been halved, while others had been issues the dreaded 'doughnut' bonus - in other words, zero. It quotes one insider saying: "People are not happy. Some wanted as much as previous years, but that was never going to happen." Another senior source said although he had been preparing for a pay cut this year, the figure he received was a shock to him. Raft of depa...