Pm-clinic: The happy holiday bonus
November 28th, 2005
This week in the pm-clinic discussion forum: Topic #55 - The happy holiday bonus.
Dear pm-clinic,
I’m a team lead at a small software company. My boss, the CEO, told me I have $5k in bonus money to give away this (U.S.) holiday season and that it’s up to me to figure out how to distribute it. I have a team of 5 people. I’ve never given out bonuses before: what are my alternatives? I’d like to do something performance based, but I’m on my to determine what that system is.
- How to give away money
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[...] Imagine that you’re the project manager of a development team of 5 people. Your boss has given you $5k to distribute to your team as a Christmas / holiday bonus.How would you give out the money?Some points to keep in mind while you work out what you’re going to do:Some people may have performed better than othersYou have to manage these people next yearMost reponses fit into a few different strategies – I’ll do a follow up post with these, and what I would do.(Stolen from Scott Berkun’s blog and his pm-clinic discussion forum)Technorati tags: Project Management, Bonus Published Sunday, December 04, 2005 10:11 PM by gholliday Filed Under: Technology [...]