Bonus or bust?
Posted on December 18th, 2007 – 12:38 PMBy Kara McGuire
We hear plenty about the obscene bonuses doled out on Wall Street. But what about on Nicollet Ave?
According to human resources firm Hewitt Associates 63 percent of companies will not award holiday bonuses this year, although many have performance-based bonuses that can be earned.
Insurance, health care, manufacturing and retail, in that order, give out the bulk of holiday-time bonuses.
I’ve never worked at a place that presented a holiday bonus to employees. A party, maybe. A free lunch perhaps. But never a cash gift.
How about you? If you get a bonus, share your company’s name or the industry that you work in. Also, how much do you receive and has that amount become more or less generous in recent years?


