Determining Holiday Bonuses — or Alternatives [INFOGRAPHIC]

The holidays evoke a giving spirit and they let us show the people close to us how much we appreciate them. That’s especially true for small business owners, who often think of employees as family, and want to reward them for the hard work they put in during the year. But what do you do if you can’t afford to reward employees with lump sums of cash? Here are some great alternatives, as well as guidelines to keep in mind if you decide to take the monetary route.

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Infographic by Column Five

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About Tammy Lam

Tammy Lam is on Intuit's small business communications team. She lives in San Francisco and loves using mobile apps to explore the city's endless array of local restaurants and nightlife. Follow her on Twitter at @Tam_Lam and share your favorite spots!
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Curtman40 120 pts

If you can't afford the bonuses then at the very least offer days off in place of the money people love to recharge.

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  1. [...] Authors Tips on Giving a Year-End Bonus WorkplaceWritten by Jason Ubay On 13 December 2012 It’s that time of year when companies traditionally give out bonuses, but if it’s been a rough 2012, here are some alternatives that employees. (Infographic via Intuit.)  [...]

  2. [...] Employee bonuses can be an effective means of rewarding and appreciating good performance — provided that you structure them appropriately. The trick: Giving bonuses to groups of your employees instead of on an individual basis. [...]

  3. [...] Employee bonuses can be an effective means of rewarding and appreciating good performance — provided that you structure them appropriately. The trick: Giving bonuses to groups of your employees instead of on an individual basis. [...]