As nicely as possible, drive home the fact that you are rewarding them for this year's accomplishments and that bonuses are available based on the company's performance this year only. Some business owners believe that whether you give bonuses or not, you should also provide periodic rewards for jobs well done. Accountants often give them at the end of tax season, other entrepreneurs give them at the end of a large job or busy season to demonstrate appreciation for employees' devotion and hard work. If you don't have a lot of extra money to spare, a small bonus or a bonus in the form of time-off can work. Some people believe that giving all bonuses at the end of the year is not a good idea.
Bangs recommends providing bonuses for goals attained at the time of the achievement.
Clerical staff is instrumental in making all other functions of the company operate smoothly. Reward them for it. All Rights Reserved. Users of this site agree to be bound by the terms of the American Express Web Site Rules and Regulations. View Web Site Rules and Regulations and trademarks and Privacy Statement of American Express.