It should also be realised that a Òone-size-fits-allÓ bonus is unlikely to be competitive and will only be effective in organisations that have a democratic philosophy such as the John Lewis Partnership, and even here such a bonus is percentage-based, not a flat cash value. Bonuses at different levels in an organisation often perform different functions. The time horizon of the employee group is one factor here and this in turn is often related to seniority.