Is it Better for Law Firms to Give Lawyers and Legal Staff Bonuses or Perks?

Facts are facts: holiday, seasonal, and year-end events can leave a person broke. The same can be said for a company who, at the end of the year, doles out bonuses to its employees.

In short, a business that gives its employees holiday bonuses, can, in fact, do itself harm, particularly with cash flow.

So what are some types of appreciation, other than money, that a company can give its employees? Read these articles to find out.
 
This article explains the differences between what we traditionally know to be a benefit – which can sometimes come in the form of a bonus – as opposed to a long-term employee reward, which would be a perk.
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As a hiring manager, you should be aware of what your employees prefer more for their bonuses: one-time yearly bonuses and perks or pay raises.
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Strong, involved hiring managers tend to almost intimately know their employees. And that’s a good thing when it comes to tax-free gifts that employers can give their employees during the holidays.
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This is another article substantiating the understanding that to most employees bonuses and perks outweigh the value in a pay raise.
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How did the work atmosphere come to a point where employees prefer benefits over bonuses in nearly every business, including higher education? Read more in this article.
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Even the most aware hiring managers may not be privy to the types of benefits and perks available to their employees.
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As a responsible employer, you need to know if your employee bonuses and perks are convincing your employees to stay with your company.
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Bonuses are important for you to keep your employees, especially when your competition is also providing their employees' bonuses.
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This article explains the thus-far unwritten rules regarding bonuses that are distributed in law firms.
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It’s almost always a good time to think about how and what you will gift to your law firm employees this upcoming seasonal holiday. Find out why in this article.
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Has your business forgone bonuses due to the latest tax bill? Find out what other (and larger) companies are doing about their employee bonuses in light of how taxes may change business structures this year. Find out how the new tax law may prevent your law firm from giving bonuses to your employees.
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While some companies give unconventional gifts to their employees during the holidays, an increasingly new trend is for companies to give their employees legal help as a benefit or perk.
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