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re: Update: Christmas Bonuses
Posted on 11/29/18 at 8:18 am to CHiPs25
Posted on 11/29/18 at 8:18 am to CHiPs25
For the future, bonuses should be tied to profits and reward production over seniority. The structure should be clear and well communicated to the employees.
ETA: as for the current situation, be honest, upfront and let the employees know as soon as possible.
ETA: as for the current situation, be honest, upfront and let the employees know as soon as possible.
This post was edited on 11/29/18 at 8:20 am
Posted on 11/29/18 at 1:56 pm to PearlJam
quote:
bonuses should be tied to profits
Our company gives out a target profit sharing amount every year. Every quarter, we update guidance on where we are vs target so no one is surprised
Good companies communicate with employees so there are no surprises
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