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Thanking Employees When You Can't Afford Bonuses |
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Written by NFIB.com
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Thursday, 06 December 2007 |
The end-of-year bonus can be a tricky thing for small-business owners. Let's say last year you had exceptional profits and shared the wealth in the form of cash bonuses. This year perhaps business didn't go as well, and you really can't afford those bonuses. Even if your employees know that you didn't make as much this year, they still may be counting on a similar perk. The unpredictability of profits from year to year is a main reason that many small-business owners avoid holiday bonus altogether. Yet this is still a perfect time of year to show employees that you appreciate their hard work and contributions to your business. Read on for tips about handling this tricky subject and non-monetary ways to thank your employees. Read more at: . |
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Last Updated ( Wednesday, 02 January 2008 )
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