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Monster survey: workers insulted by small bonuses

A new survey from Monster.com released today finds that out of almost 15,000 employees polled worldwide, 41% would be insulted to be offered a low bonus.

In fact, out of the 14,066 people who said they would be insulted, 7% of those respondents said they would turn down the bonus.

Alternatively, 34% of respondents indicated that any incentive would be welcome in this tough economy.

The most notable response occurred in Asia, where the vast majority, or 76% of respondents, said they would be insulted by a low bonus.

Workers in India (78%), Mexico (52%) and Hungary (44%) were the most likely to take offence to a low bonus. Workers in India were also the most likely to prefer no bonus over a low one.

Within the Americas, US respondents were the least likely to be insulted and seemed more sympathetic to the current climate with 39% of respondents feeling that anything is welcome. Workers in the Netherlands seem to be the least likely to expect a bonus at all with 39% reporting as such.

“In challenging economic times, many workers are squeezed due to employer headcount reductions, and as such may feel entitled to a bonus that’s befitting of the extra value they’re providing,” said Jeffrey Quinn, business intelligence, Monster. “The fact that a sizable percentage of respondents worldwide would prefer getting a low bonus (34%), speaks to the larger need for employers to ensure their workers are feeling valued and are receiving positive feedback and incentives on a regular basis. Employee award programs, office outings for high performing teams and spot bonuses for above-and-beyond contributions can go a long way in this regard, and take the pressure off the annual bonus as being regarded as the ultimate performance indicator.”

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