Bonus Trumps Promotion As Top Christmas Gift

Managers at firms across the UK, who will no doubt be stocking up on ink cartridges, toner cartridges and other printer consumables for the busy Christmas period, would prefer a cash bonus rather than a promotion for their Christmas present from their employer.

From a survey of 3,300 managers the Institute of Leadership & Management (ILM), close to half (48 per cent) said a bonus would be the "ideal" Christmas present from their employer, with only one in ten choosing a promotion. One in six (16 per cent) opted for more training and development and 12 per cent wanted more staff. Just 11 per cent said they would like to see an increased budget.

Penny de Valk, chief executive of the ILM, said: "Financial security is clearly top of mind for workers this Christmas, with most thinking more about their wallets than their long-term career progression right now. "Where possible, organisations looking to thank staff for their hard work can rest assured that some sort of seasonal bonus will be particularly well received this year.

Posted by Canzil Ahmed.