Reward cuts | Argos boss slashed festive employee bonus

Argos boss slashed festive employee bonus

When the Christmas season rolls around it’s natural for employees to recieve some form of bonus or reward for their efforts over the past year. Not only that, by offering staff members small rewards, morale will improve among teams leaving employees feeling positive for when they return back to work in the New Year.

This is reflected in statistics released by Perkbox, who asked 600 UK-based employers to examine the levels of Christmas spirit alive in the workplace today. 71% of the businesses reward and recognise their employees, yet 29% have no programmes in place to encourage high performance.

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Comments (2)

  • Boris
    Mon, 21 Oct 2019 1:40pm BST
    Failing to recognise workers is a sure way to not only loose staff but to also put off others who may have been looking for a temp job over the Xmas build up. Most of those employed at Sainsbury's or Argos are less likely to want to work extra shifts of go out of their way to help such a scrooge. The disgusting amount the Coupe gets paid is absolutely out of touch with those workers on the ground floor.
    I don't get a monetary bonus but we do get given a week off over Xmas, which is in many ways more valuable than a cash bonus. I hope that anyone thinking of working for Argos doesn't bother. Speak with your feet and employers will soon get the message.
  • Sir
    Mon, 21 Oct 2019 1:31pm BST
    An interesting, if unsurprising, insight into the world of senior execs and their attitudes towards those who actually provide the operations that generate the company's wealth.
    Guillotines - untidy things, but sometimes the only answer.