Companies Cutting Back on Christmas Bonuses
By: Lauren Keith
Do you have a big office Christmas party to go to this year? Consider yourself lucky if you do. A recent study shows there will be less holiday cheer at offices across the country this year.
Others will give employees food, like a turkey or ham, and some will hand out gift cards. But, don't get nervous just yet. Some managers say holiday parties and bonuses are worth the expense--- and they say cutting them out doesn't make things "merry and bright", in the long run.
“We had a band, presents and all that," says Larry Dillon, the plant manager at Dana Corporation.
Things are much different at the Dana Corporation now.For the last two years, the 300 automotive workers here haven't received anything extra during the holidays--- no party, no presents, and no bonus pay.
That decision didn't settle well with the
"A year ago, employees took up their own collection to have their own Christmas party. They did it so they could get together, but also probably, they did it in spite," said Dillon.
Dillon urged his bosses to rethink the Christmas cutbacks, but he didn't have much luck.
"It's such a little expense for what you get out of it-- it goes along way--- I wish they'd be more in tune with that," said Dillon.
Kim McDowell agrees. She says holiday parties are expensive, but she thinks the Southeast Missourian owes their 165-member staff to a lavish meal and gifts.
"We really think that's not where you cut back--on your employees--- you can cut back in other areas, because we appreciate all they've done for us this year," said McDowell.
It's the same mind set at
“We found we were able to touch so many employees by having the meal here, as opposed to off-site, where only a few would attend," said Debbie Bowers, Human Resources Director of the hospital.
However, the Schwan's man thinks all managers should just do away with the holiday parties all together.He's got something else on the top of his wish list.