The Yearly Bonus Conundrum | The Super Fantastic Leadership Show

Blog

181: The Yearly Bonus Conundrum

Website Image
Play

It’s that time of the year again! We are talking about end of the year bonuses and how they can affect performance and employee morale. We talked about the pitfalls of performance reviews on episode 170, so today we’re going to combine that content with determining yearly bonuses. We’re huge fans of unhinging bonuses from performance due to the numerous problems this can cause. We will discuss the reasons in today’s episode and give you some alternative options to utilize when considering yearly bonuses.

Being mindful of this within your organization and using bonuses as a “thank you” rather than a performance expectation will help to minimize a toxic environment, especially around this time of year.

LINKS:

The Leadership Weekly

Istock 487805688

Weekly wisdom from the DS Leadership Life team.

We won't send you spam. Unsubscribe at any time. Powered by ConvertKit
Share This