Robert Half Survey Shows Most Managers Expect Higher Year-End Bonuses
What happened
A survey released by Robert Half International found that 51 percent of senior managers expect year-end bonus levels to increase compared to 2016. Conversely, 10 percent of respondents reported that bonus amounts will decrease, and 39 percent anticipate no change. Paul McDonald, a senior executive director at Robert Half, noted that bonuses serve as a key tool for recruiting and retaining top performers.
Why it matters
The survey highlights the role of compensation in talent management, as bonuses are cited as a key recruiting and retention tool. Robert Half International's findings suggest that companies may adjust their end-of-year compensation strategies based on budget constraints and hiring market competition.
Who's involved
- Paul McDonaldSenior executive director at Robert Half, commenting on compensation trends.
- Robert HalfStaffing firm that conducted the survey on manager bonus expectations.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Robert HalfSpeculative
Companies might adjust their labor costs and hiring investment based on the expected levels of employee bonuses.
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The entities involved
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Paul McDonald
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Robert Half
global human resource consulting firm based in Menlo Park, California
Nothing else this week.