26 Dec 2012

Experts say skip out on holiday bonuses

Many small business owners give employees holiday bonuses this time of year, but experts say it may benefit employees and businesses more to dole out bonuses in small increments throughout the entire year.

Small business owners looking to save money, in order to give out more bonuses or increase profits, should use self storage to streamline business operations and cut costs on office rent.

According to Michael Levy, president of online-rewards.com and an adviser to governments and Fortune 500 companies on incentive programs, Christmas bonuses are not what keep employees around, but rather appreciation of work throughout the year.

“If you look at the statistics around exit interviews, the No. 1 reason that people leave is a lack of recognition or appreciation for great work,” Levy said.

Levy added that a rewards program for employees given once a week or month can be a sufficient way in retaining and encouraging employees.

Jiffy offers businesses plenty of options for Toronto storage, whether one needs to store filing cabinets or office supplies. What's more, the company is currently holding a contest for a new iPad 3, which is a device that just about every business person could use to help improve productivity.

Be Sociable, Share!
Comment

Related Articles [3]

15 Storage Hacks for Your Business

February 21st, 2020
Your business running out of storage space to keep inventory, equipment, documents, or any other items is a good problem to face. It means that your company is growing, and...

Seven Reasons Your Business Would Benefit From Using Storage

January 7th, 2020
Many businesses find themselves in need of additional business storage at some point down the line. Self-storage units can be used for a wide range of commercial...

Using A Storage Unit To Run Your E-Commerce Business

January 24th, 2018
More and more, business owners are turning to self storage facilities to help with the logistics of running a business. They are especially useful for e-commerce businesses,...

Leave a Comment






Recent Posts Blog Categories Archives Subscribe to RSS Feeds
Essential SSL