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Friday, December 21, 2007

The disappearing Christmas bonus

Remember when an extra envelope from the boss in December meant extra cash for the holidays?

The Christmas bonus was a way to say ‘thank you’ for all the hard work during the year and to boost morale.

But more workers will go away empty handed this Christmas.

A 2007 holiday study of more than 350 organization found that more than half (53 percent) have never offered a holiday bonus. Another 10 percent have put that practice on ice, according to Hewitt Associates, a global human resources firm.

Of those companies that pulled a bah, humbug on bonuses, most said they did so because of costs. Other reasons cited include moving to more performance-based reward systems and difficulty in administering bonus programs.

Tammy Joyner, an AJC business reporter, recently wrote about this trend. See article.

Do you expect to receive a holiday bonus this year? If you’re the boss, have you discontinued the program? Why or why not?

Permalink | Comments (5) | Categories: holiday

What’s the Perfect New Year’s Night Out?

It’s New Year’s Eve, and you want a meal to end 2007 and herald in 2008 with the panache it deserves.

Can you get it at just one restaurant?

What would the progressive dinner of your dreams be? Would you start at Beleza for cocktails, then head to Bacchanalia for an appetizer at the bar? Would you head across town for some badenjoon with saffron rice as a main course? For dessert, would you head to the Chocolate Bar in Decatur? One things for sure - you’ll need a designated driver.

What would your perfect New Year’s dinner be if you could create it just for yourself, with the help of Atlanta’s talented chefs and restaurateurs?

Permalink | Comments (1) | Categories: holiday dining

 

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