Wednesday, April 17

Buzz: Profits up, perks down, employees disgruntled

The nation’s corporations have been turning in record profits of late, and yet you wouldn't necessarily know it from how their employees are being rewarded.

A Life Inc. post this week looked at how many at-work perks are disappearing even as many are being asked to work longer and harder.

Many said it’s a recipe for unhappiness.

“20 years with this company. There used to be so many little, cheap perks that were real motivators. Now there's virtually nothing,” one reader wrote. “I'm happy to have a job - and a decent one - but it is hard to watch the salaries of senior executives double in those 20 years....and profits higher....and none of the lower rank-and-file employees able to reap any of the rewards.”

Many lamented that their employees seem to think it’s better to motivate by fear than to give a pat on the back for a job well done.

“Our company has the ‘Princess Bride’ motivation package - Goodnight, sleep tight. I'll most likely fire you in the morning,” one reader joked.

But others said they don’t need perks – they’d rather have a raise.

“Spare the pat on the back. Give me the money,” one wrote.

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