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Saturday, 13th April 2024
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Bonuses exceed expectation in 2006 Back  
Almost half of employees working in financial services received a larger bonus than they were expecting this year. The findings, from a recent online poll by Robert Half Finance and Accounting, reflect the buoyant state of the financial services sector in Ireland.
The poll also showed that 19 per cent of finance workers received the same bonus as previous years, while just over one in four workers (27 per cent) received a smaller bonus than they expected. One in eight (13 per cent) did not expect any bonus at all.

Ken Harbourne, branch manager of Robert Half Finance & Accounting in Dublin, said that many employers use bonuses to assist staff retention. However he warned, ‘Employers looking to use a bonus for retention purposes need to ensure expectations are set at a realistic level. If not, they run the risk of severely damaging moral. Today, employers need to consider a broader approach to retention that includes both financial and non financial benefits’.

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