ArticlesManaging Employees and HR: July 2007

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Raise or Bonus?

Raise or Bonus?

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Posted by: SBOCTeam, Jul 29, 2007

Can you keep employees motivated and compensated without annual salary increases?
By Reed Richardson

With workers harder to come by, salaries seem destined to keep rising. But one way to offset this expense is to consider opening up more of your employees to performance bonuses rather than simply handing out cost-of-living increases every year.

This trend is increasingly popular across the business spectrum. A Hewitt Associates study from September found th...

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