The Holiday "Bonus" as a group thank-you

 
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Ann Bares at Compensation Force had a provocative post earlier this week titled: "Annual Holiday Bonuses Dwindling in Popularity." She shares the results of a Hewitt study on what were once traditional holiday bonuses. After reviewing statistics on who's giving and not giving what, Ann, moved in a fascinating direction with the following:

"Watching this trend over the past decade or so, I have seen a lot of organizations eliminate the year-end or holiday bonus because they believe it flies in the face of their desired "pay for performance" philosophy. My take? I don't believe that driving and rewarding performance and showing appreciation are mutually exclusive goals. You just can't accomplish them with the same vehicle. You need to honest, clear and up-front about the intent and purpose of different reward practices."

I think Ann hit something hard that we need to address. Saying "thanks" should not be a bonus. Saying "thanks" with a holiday check doesn't have to nibble at the edges of a pay for performance compensation program.

In most companies, most of the time, we don't say "thank-you" enough. We certainly aren't anywhere near the point where we have to worry that we're saying it too much.

Wally's Working Supervisor's Support Kit is a collection of information and tools to help working supervisors do a better job. It's based on what Wally's learned in over twenty years of supervisory skills training. Click here to check it out.

 
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