Holiday Bonuses Few and Far Between

Maybe you already know this from your own experience, but I thought I'd pass this along in any case.

"Did you get a holiday bonus this year? If so, you were clearly in the minority. Hewlett, the big HR consulting firm, says that nearly two-thirds of U.S. organizations decided not to offer a bonus to employees over this holiday season.

Why? For one thing, nearly half of the companies polled in the Hewlett survey have never offered a holiday bonus. Some 17 percent of the organizations "discontinued their program." Of those that did away with the holiday bonus, 52% did so between 2000 and 2003--fairly tough years for most businesses. Another 42% cancelled their bonuses in the 1990s."

Source: Fast Company Magazine