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Retention Management And Metrics

Employee Turnover And Retention Briefings Abstract: 5

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A Hefty Holiday Bonus Cheers Employees [My Way - AP News] Monday 12/15/03 7:52 PM

A shoe manufacturing plant in Pittsfield, Maine gathered employees together to tell them about this year's holiday bonus. The employees clapped happily when they learned that each employee would receive a holiday bonus of $1000.

Then they found out that it would be not just $1000, but $1000 for every year that they had worked at the plant.

Some long standing employees opened their bonus envelope to find as much as $19,000 for their 19 years of service.

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