Legal News

Fewer Companies Issued Bonuses in 2011
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

If your company did not issue bonuses at the end of 2011 then it is part of a growing trend in the United States. Challenger, Gray & Christmas released data from a survey it conducted about year-end bonuses. The data from their survey shows that 43 percent of companies did not issue year-end bonuses or other types of gifts to their employees at the end of 2011. In 2007, prior to the recession, saw 28 percent of companies fail to issue bonuses.

Half of the 53 percent of companies that issued bonuses gave their employees a non-monetary gift or a bonus that was less than $100. Then there were 31 percent of those companies that gave all of their employees bonuses based on the company’s performance. Then, 19 percent of companies issued bonuses to only specific employees based on performance. The bonuses issued by companies in 2011 were very similar to the bonus amounts issued by these companies in 2010.

  
What
Where


The study released by Challenger, Gray & Christmas did show that employee morale can be boosted with simple gifts, even if the bonuses cannot be of large value. These bonuses can be as easy as $25 to a restaurant or a paid off day.



 

RELEVANT JOBS

Associate Attorney

USA-PA-Exton

ASSOCIATE ATTORNEY McKenna Snyder LLC, a law firm in Exton, PA has an immediate opening for an ex...

Apply now

Attorney

USA-MI-Sturgis

Qualifications: HaasCaywood is seeking associate attorneys for our Coldwater and Sturgis, Michiga...

Apply now

Attorney

USA-MI-Coldwater

Qualifications: HaasCaywood is seeking associate attorneys for our Coldwater and Sturgis, Michiga...

Apply now

Deputy General Counsel / Senior Deputy General Counsel

USA-CA-Sacramento

Cal Cities Culture and Mission Cal Cities is dedicated to creating a collaborative and inclusive ...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Education Law Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with ...

Apply Now

Education Law Attorney

USA-CA-Carlsbad

Carlsbad office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with 4-...

Apply Now

Education Law and Public Entity Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law and public ent...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top