At the workplace, the beginning of every year marks the annual performance review, where the talk about possible increments and bonuses happens.
As an employer, how do you relay the message to the team about the lack of sales and revenue for the past year, and how do you try to tell them that they are possibly not receiving any increments and bonuses? In an anonymous rant sent to a local DJ, Meiyan, the employer of a small company admitted that the organisation hasn’t been making any big bucks for the past few years.
“Honestly, sales have been dropping since MCO. My employees have started to ask about increments and bonuses.”
The plummeting sales are not the only pressure that he has to deal with but also the monthly KPIs, which were barely achieved. With the low numbers staring at you, how do you deal with two different kinds of pressures – lack of revenue, and sending the message to your team?
With less to zero ideas in his mind, the boss tried to seek help from netizens and asked what was the right thing to do.
“Can I skip the increment and bonuses? But the last thing I want to do is to disappoint my team, and what do I do if they are not happy about it?” he said.
His intention to seek advice, however, was not fruitful as most of the netizens found it to be a “similar script” that most of the bosses tend to use every year.
“9 out of 10 bosses tend to say that. If they leave, don’t blame them for doing so.”
“9 out of 10 bosses will say the company is not performing well every year.”
“So, if a company is not making a lot, does that mean bonuses are not applicable?”
Dear employers, how do you deal with this kind of situation when you know people are going to be disappointed?