Caption 3

On 'Special General Meeting - 27 Jun 06' and on 'Performance Related Pay pages

The cartoon is headed 'Performance Related Pay?'.

A manager is sitting across a desk from a young employee (it may be the employee's staff appraisal) and, having explained the new scheme, says:

' So, any yearly increment you may have expected in the past could in the future be awarded to someone else. Is that acceptable to you? '.

The young employee smiles and replies:

' I think the expression is ' 'I should Coco!' ?.