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More Workers Want Extra Cash Rather Than a Holiday Party — Dollars and Sense

The gift of cash

More employees wish their employers would just skip the holiday party this Christmas season and show their appreciation with cold hard cash instead, according to a recent survey by career site Glassdoor.

For the second year in a row, nearly 73 percent of the American workforce reported that they would rather receive more of a cash bonus than celebrate the season with co-workers at a holiday party—even with an open bar. Other items that made the employee wish list were more paid time off, grocery gift cards and permission to work from home.

Interestingly, a small part (2 percent) of the workforce said that they would settle with having their boss or supervisor fired as a welcomed holiday incentive.

However, business experts say that no matter what a company plans to give to their employees this holiday season, it should be noted that the gift is a direct result of their performance. “Did the company reach its annual goals in 2012? Did a particular team or department surpass expectations? It’s essential to explain what made a perk possible,” said workplace advisor Rusty Rueff.


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