Essay sample library > Dear boss: if you want to reward your employees, give them a raise — not a bonus

Dear boss: if you want to reward your employees, give them a raise — not a bonus

2023-10-14 07:46:01

In recent years, the economic growth rate has steadily increased, but wage growth is basically stagnant.

(Although small) Donor: Employers are increasingly paying bonuses to employees instead of salaries

According to Aon Hewitt, a recruitment consulting firm, the company felt the pressure to be flexible after the Great Depression and solved the problem by avoiding fixed costs.

Example: 25 years ago, only 1% of the company's compensation budget was used for bonuses, but by 2017 this number has quadrupled to 12.7%. During the same period, salary increase decreased from 5% of total compensation to 9%.

Employers have always focused on maximizing productivity and minimizing costs - often at the expense of employee satisfaction

Instead of recognizing an increase in production due to a permanent wage conflict, we look at short-term compensation systems - bonuses, gifts, temporary allowances - those that have no lasting effect to improve wage growth .

If you want to maintain the best technical staff for a long time, you only need to reward their hard work before asking for it. Even if you give the technical staff compensation, you will not necessarily get a pay raise or a bonus. You can easily get more personal rewards like such long holidays and concert / game tickets to represent your real appreciation for their participation and diligence. These small tokens will be a step in the right direction, and you can easily keep them.

One of the most effective ways to show them how much you care about their hard work is to reward them. Even though most of your workers desire monetary incentives like pay increases or bonuses, you should consider more creative solutions. For example, I study and learn about employee's customs, interests and hobbies. Let them surprise, take you to lunch, buy a favorite book, or buy a coupon for a new restaurant you want to go to.

If you are your boss, please give a cash payment on holiday. Most business relations are financial transactions. They work hard / work better and you give more money to them. Therefore, the clearest way to show employees is to spend money. Give them a gift certificate if you can not afford it enough, or they want them to know that they value what they contribute to their work. This also applies to people working for you, cleaning staff, gardeners, and postal staff. Like Caiox Pecker, the relationship between the subject and the guest is a symbiotic relationship. The organizers provide an interesting structure and guests will have the opportunity to have fun with the party. The gifts presented to the organizers prove your contribution to the fun of the party. Many people have champagne and other "festival" wines. This is theoretically valid. In fact, I have the whole cabinet full of champagne bottles given to me. People can taste wine at dinner or party.

Whether your customer wants to purchase from you, or whether the supplier will offer you a discount, your boss will give you a raise, or your employees take the initiative Things are taken I will go for it. If you can not convince people, you will have a hard time to succeed. I think about the facts, reasons, and logic around you, and I believe that it is absolutely impossible for the partner to say no to your discussion or suggestion for perfect construction. It is impossible to do this because there are no other logical solutions or answers. Your suggestion is purely meaningful!