Will Business Gifts Replace The Bonus?
The word “bonus” has become something of a dirty word recently, with banks and large corporations attracting the headlines for paying their staff large sums of money despite the financial crisis. The eyes of the media are now fixed on these companies and every financial decision is being scrutinised for perceived fairness.
Even smaller companies are having their own bonus issues but in a rather different way. Those businesses who have survived the recession but who still might be struggling may not be in a position to pay their staff bonuses even though they might deserve them now more than ever.
It is a difficult time for companies who are looking to reward their staff and with Christmas just around the corner, many managers will be scratching their heads and wondering how to show their gratitude to their employees.
With the bonus culture seemingly going through a rocky patch, business …