Burness Paull rewards staff with 10 per cent bonus

Save the small matter of a referendum to contend with, it’s all gone a bit quiet on the Scottish front, what with Glasgow’s Commonwealth Games consigned to history and Edinburgh’s military tattooists putting their pipes away for another year.

Not that that’s stopping Burness Paull from finding a reason to pop the champagne corks. After the firm put in a record-breaking financial performance for 2013/14, with turnover rising 20 per cent to £46.3m and average profit per equity partner jumping 34 per cent to £445,000, its chairman Philip Rodney has rewarded all staff with a celebratory bonus.

All employees have received a pay-out equal to 10 per cent of their 2013/14 salary in recognition of what Rodney terms their “hard work, professionalism and commitment” in a year that “exceeded all expectations”.

No stranger to bonus culture, Burness Paull – and predecessor firm Burness – has a history of rewarding staff, although last year the payment equated to just five per cent of salary.

Now that the December 2012 merger between Central Belt firm Burness and Aberdeen’s Paull & Williamsons is showing clear results, will staff be in for a 15 per cent bonus this time next year?

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