Forget Christmas parties, staff wants cash
Companies planning to spend thousands of dollars for their employees in the Christmas parties, even with open bars, shouldn't bother because most of the American employees would prefer money over such parties.Updated: Dec 13, 2011 01:02 IST
Companies planning to spend thousands of dollars for their employees in the Christmas parties, even with open bars, shouldn't bother because most of the American employees would prefer money over such parties.
Nearly three quarters of over three thousand workers questioned in a Harris poll said that they would opt for a cash bonus, followed by 62 percent who would prefer a salary increase and 32 percent who wanted more paid time off rather than such incentives like parties etc.
Only four percent put a Christmas party in their offices on the top of their holiday list.
"Until we see the impacts of the Great Recession further recede, when it comes to what employees want it starts with cash and other financial perks to make sure that ends can be met over the holidays," said Rusty Rueff, of Glassdoor, the jobs listing firm which commissioned the poll.
A grocery gift card, being able to work from home for a year and company stocks or shares were also among the most popular items on the list of those who participated in the Harris poll.
Ten percent of workers wanted a health care subsidy, eight said a gym membership would be useful and three percent said they wanted a commuter subsidy. Such demands show more focus of the staff on their health and convenience. Only 2% opted for a gold watch or other accessory.
Nearly three out of four employees said they were eligible for a bonus this year and 58% expected to receive one this year.