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Year-end bonuses a thing of the past?

Rieva Lesonsky at The Huffington Post notes a survey by Challenger, Gray & Christmas that shows 43 percent of HR execs say their companies don’t give out year-end bonuses or gifts to employees:
Among the 53 percent of companies that did awar

Year-end bonuses a thing of the past?
Jeremy Yerse

Rieva Lesonsky at The Huffington Post notes a survey by Challenger, Gray & Christmas that shows 43 percent of HR execs say their companies don’t give out year-end bonuses or gifts to employees:

Among the 53 percent of companies that did award bonuses, half gave employees either a non-monetary gift or less than $100. Thirty-one percent gave all employees a monetary bonus based on the company’s overall performance, and 19 percent gave performance-based bonuses only to certain employees.

Lesonsky believes it’s important to reward employees, even if it’s a smaller gesture, such as a $25 gift card. Did you receive a year-end bonus in 2011? Cash, stock, an iTunes gift card, or a pat on the back? Should everyone in the company be rewarded for a good year, or should the bonuses be based on individual performance? Share your thoughts in the comments.