3 Perks That Work in Lieu of Raises
In a down economy, small-business owners will invariably feel the pinch. And, unfortunately, so will their employees. According to a study by Hewitt Associates, employees can expect another year of skimpy raises in 2009 as employers batten down the hatches to either correct or prepare for the damage caused by a potential recession. But while pinching pennies is good for the wallet, it's not always good for employee morale. Keep employees happy with creative benefits they'll value more than money.