The H.S. Group -- Celebrating 40 Years of Excellence

Tuesday, December 13, 2005

The Disappointing (or disappearing) Holiday Bonus & Puny Pay Raises

Is there tension at your workplace between owners/presidents, HR professionals and workers regarding holiday bonuses?

In a timely article by John Hollon in Workforce Management, he contemplates the existence, expectations and appreciation of holiday bonuses. Hollon also addresses the correlating trend of "puny pay raises" and the resulting workers' perception of their value to the company.

Click here to read the article: Why the Meager Raises?

Please post your comments to these questions: Do holiday bonuses exist at your organization? Have they changed in recent years, and are they appropriate?

Are pay raise percentages appropriate in your organization? Are you paying to retain top talent, or just paying enough to be seen as a nice gesture to employees?

As a HR manager, how do you communicate any changes?

Posted by Amy Dennis, Career Management Coordinator, The H.S. Group

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