Reader question: Should we give year-end bonuses?

Farm Futures 2018 Modern.png

Well, here we are at December 31. As 2018 comes to a close, farm leaders are tying up loose ends and hopefully getting plans moving for the 2019 crop year. A Nebraska reader of Darren Frye’s Finance FIrst column in Farm Futures magazine recently wrote in to ask our CEO’s take on year-end bonuses for farm employees.

Frye applauded the reader for recognizing their employees and rewarding their contributions to the operation, but he did offer some guidelines to make sure we aren’t just handing out bonuses without making sure they’re not taken for granted or become expected regardless of performance. For instance, he suggested pointing out specific contributions so they have behaviors to focus on going forward. Read all about it at FarmFutures.com.