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This survey shows 72% of employers plan on giving at least a little something, up 20% from a year ago.
Click here for more on the survey.
Tulane Business Professor Mark Rosa says bonuses give employers some flexibility, compared to locking in new salary increases. "Absolutely. No commitment, it stands it on it's own. 'This year was great, but who knows what next year will bring.' That bonus can dissolve as easily as it was handed out the previous year."
Only about a quarter of those bonuses will be performance based, suggesting that companies had a pretty good year and are sharing it with employees. And here in New Orleans, some people had big smiles when I asked if they received a bonus. One worker who received his bonus said it makes him feel "Somewhat valued."
And those of us who didn't get a bonus? "Oh of course, I'm jealous," admitted a woman in the CBD.
"Most employers understand that workers want to be recognized for their contribution to the company. It doesn't have to be a Wall Street sized bonus check. Many workers would be happy with a $25 gift certificate to a local restaurant or store. Many would probably be happy with an extra day or two of paid vacation at the end of the year. Many are simply happy to have a job in this economy,” said John Challenger, chief executive officer of Challenger, Gray and Christmas.
