Saturday 3 December 2016

Most employers plan to give bonuses -- survey

Published 10/12/2010 | 05:00

MOST employers expect to pay staff bonuses before the end of the year, writes Shane Hickey.

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A new survey has shown a slim majority of human resource managers expect to give out bonuses this year, even in the depths of the recession.

Most believe this will amount to between 1pc and 5pc of basic salaries.

The survey by recruitment company Morgan McKinley found 50.5pc will pay bonuses, while 49.5pc will not.

The questionnaire to 723 managers across the financial, technical, IT and office support sectors found that 46pc of managers feel more positive about the outlook for the Irish economy in 2011.

Karen O'Flaherty, from parent company Premier Group, said the bonuses could be being paid to retain staff.

Austerity

"Despite the current mood of austerity, some organisations are choosing to recognise and reward their employees, many of whom have not received bonuses or salary increases for a number of years or have taken reduced salaries or benefits because of the downturn," she said.

Irish Independent

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