View Single Post
Jims5543 Jims5543 is offline
I'm with Bill
 
Jims5543's Avatar
 
Join Date: Feb 2005
Location: Jensen Beach, FL
Posts: 13,028
Holiday Bonus question

I am handing out holiday bonus' Friday and I am wondering what is proper.

I tend to be way too generous and I have received comments from both my accountant and my wife. In the past money was no object and I handed out some really nice bonuses. This year money is tight and I already decided not to take a paycheck this week and probably none next week to offset the hit from handing out bonuses.


I have one Salary and 3 hourly employees. The hourly guy makes VERY good money way above normal scale, but he is 100% dependable, and can run the place in my absence.

I have already assigned amounts but I am curious what others think I would rather not discuss exact amounts as at least one member here knows one of my employees on a personal level.

Rule of thumb?

Weeks Pay? (I had this one year when I was salary and I was sort of insulted because I worked 70 hour weeks (with them billing my 70 hours to clients) and felt they should come through with a tad bit more.)

$50? (I have had my share of cheapskate employers that pulled this on me)


Discuss.
__________________
1978 Mini Cooper Pickup
1991 BMW 318i M50 2.8 swap
2005 Mini Cooper S
2014 BMW i3 Giga World - For sale in late March
Old 12-19-2007, 09:49 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #1 (permalink)