No Bonus? Imp. Inf. by ashok hindocha

No bonuses? Give us more offs: Employees
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Wednesday,23 December 2009, 06:44 hrs Comment(3)PrintForward
Bangalore: To keep themselves motivated, about 37 percent of employees said they would prefer extra time off, if a year-end cash bonus wasn't an option, says a survey.

According to the survey conducted by TopGrading Solutions, 21 percent said a simple "thank you" would be an ample motivator, and 15 percent said that they would favor a holiday bash. The survey consisted of workers in the retail technology, payment solutions, and supply chain procurement and planning industries.


Also, the remaining 26 percent of employees felt there was nothing that could be done to motivate them at year-end. Nine percent felt that their companies did a fine job keeping them motivated during the recession, whereas 17 percent stated nothing could turn their low spirits around.

Dave Camp, Executive recruiter for Retail Technology at TopGrading Solutions, said in a statement that increasing employee spirits becomes more crucial as the recession comes to its tail-end. He pointed out that the company's last poll showed that nearly 50 percent of respondents were looking to leave their current employer due to mistreatment during the recession.

"Either a day off or a simple card showing your gratitude could be enough to bring the team back together in time to embrace and conquer 2010," said Camp. "Otherwise, as the economy improves, managers may face a retention nightmare."

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