Bonus pay: More than 70 percent of employers to offer a bonus this year

More than 70 percent of employers plan to offer workers a year-end bonus, according to a new survey released Tuesday by Challenger, Gray & Christmas.

That's up from 53 percent in 2011, the global outplacement firm said.

The survey found that nearly 28 percent of employers will hand out bonus checks based on the company's annual performance. Another 17 percent said their companies will award bonuses to a select group, based on individual performance.

Only 21 percent said no bonuses would be distributed this year compared to 43 percent in 2011.

The results are from a non-scientific survey of about 100 responses to an e-mail poll distributed in November.

"Many companies enjoyed increased profits this year, along with increased productivity," said John Challenger, chief executive of Challenger, Gray & Christmas.

Existing employees often were asked to deliver better results with fewer resources, he said.

Copyright © 2012, South Florida Sun-Sentinel


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