Employees Seek Days Off in Lieu of Bonuses
By Tom Ryan
a recent survey, about 37 percent of employees said they would favor extra
time off to keep them motivated if a year-end cash bonus wasn’t an option.
Twenty one percent said a simple “thank you” would be an ample motivator,
and 15 percent said that they would favor a holiday bash.
26 percent felt there was nothing that could be done to motivate them at
year-end. Nine percent felt that their companies did a fine job keeping
them motivated during the recession, whereas 17 percent stated nothing
could turn their low spirits around.
The survey from
TopGrading Solutions consisted of workers in the retail technology, payment
solutions, and supply chain procurement and planning industries.
Dave Camp, executive
recruiter for Retail Technology at TopGrading Solutions, said in a statement
that increasing employee spirits becomes more crucial as the recession
comes to its tail-end. He pointed out that the company’s last poll showed
that nearly 50 percent of respondents were looking to leave their current
employer due to mistreatment during the recession.
“Either a day
off or a simple card showing your gratitude could be enough to bring the
team back together in time to embrace and conquer 2010,” said Mr. Camp. “Otherwise,
as the economy improves, managers may face a retention nightmare.”
Questions: What is the best way to motivate employees if raises and cash
bonuses aren’t an option at year end? Can you come up with some more
innovative ways to reward employees?
- Topgrading Solutions
Uncovers What Will Motivate Employees In The Tech Sector For The Upcoming
Year – TopGrading Solutions