Bonus or Raise Disappointing? Consider These Alte ative Forms of Compensation
CASE HISTORY: An employee, we will call Brad for the purposes of this article, called us in late December, "fuming," to put it mildly. Two weeks earlier, he had received word that his annual bonus for the recently-completed fiscal year would be 20% lower than his last year's bonus, despite his business group's "numbers" being up 40%. In his six years with his employer, a top-shelf investment banking firm in Chicago, he'd never been treated this way before. To Brad, this was inexplicable, and a serious breach of faith. He could barely contain his anger.