PORTLAND- It's another sign our economy continues to improve. More companies are handing out bigger year end bonuses this year.
It's that pat on the back for a job well done that can mean so much for moral.
And a little extra in the paycheck can go a long way to help celebrate the season.
At Milo's City Cafe on Northeast Broadway the crew got a surprise in their holiday paycheck on Thursday. Everyone is getting a bonus.
For the past 13 years through good times and bad, the owners always make sure the employees are taken care of.
"Even if there's not a lot of money I just really want to give back to the people who help us be the restaurant that we are," said Marianne Meskelskogland, co-owner, Milo's City Cafe.
A new survey out by outplacement company, Challenger, Gray & Christmas suggest 72% of companies polled will offer some type of year-end bonus. That's up from 53% in 2011.
"Bonuses is one way of sharing and acknowledging a job well done but also not committing to the future. And that's really consistant with the uncertainty that corporate leaders are feeling, " said George Hosfield, Chief Investment Officer, Ferguson Wellman Capital Management.
The experts say bonuses don't have to be in the form of cash. An extra day off with pay or a gift card to a restaurant, can be just the thank-you employees need.