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Year End bonuses: What are companies doing?

Insight from Challenger, Gray and Christmas, a business and executive coaching firm which issued a report on company bonuses.    More businesses plan to reward their employees with bonuses this year than last, in recognition and reward of teams during the pandemic and keeping business going forward.

The majority of respondents reported the pandemic has negatively impacted business, and 17% say it has not – with the rest reporting mixed results.

Just 19% of employers reported they would not offer a bonus.

Why do we care?

Take care of your people.     People first.     Protect people, not jobs.     All simple statements that show how effective leadership will operate as we approach year end.

For most IT services companies, labor is their most precious resource and highest cost.    Protect that investment by ensuring you take care of those people.

You’re likely already on it.   

Source: Channel E2E