re: Update: Christmas Bonuses

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Any advice on how to approach this would be appreciated.

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My company used to give out bonuses, not anymore. Now, the way it was handled was to send out an email stating that "revenues were down, needing to look for ways to cut costs, etc, and year end bonuses were one of the items being slashed".

If you have meetings with all employees, I would just tell everyone the state of things, and it sounds like you are still giving out bonuses, not increasing the amounts.

A bonus is a bonus, if employees expect it, that's on them honestly. But, because you have given them out regularly, I would let them know as early as possible that they will not grow like in previous years, so they can plan accordingly.