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Sat 28 Feb 2009 02:32 PM

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Poll shows 40% accept bonus freezes to save a company

Stopping bonuses and promotions should be limited to bosses, say 21%.

It is only acceptable to freeze staff bonuses and promotions if a company will go bust otherwise, according to 40 percent of those responding to an online survey.

The poll by Arabian Business showed that 22 percent of responders though that only company bosses should have their bonuses cut on the back of the economic crisis, while a similar number (21 percent) thought such as move was acceptable for all staff if it meant the company remained profitable.

The minority of responders, 17 percent, thought it was never acceptable to stop bonuses and promotions – because they were the incentives staff needed to raise their game when business was bad.

Arabian Business: why we're going behind a paywall