Which is total garbage in reality. on paper it sounds fine and should “work”.
The party is cool for a week and people forget, then get back to the “norm” at the job. Most if not all. Also people are far too negitive, and cling to negitive things. You heard more about how the party was “rigged” to hand out the grand prizes to the executives that won it, (it was a name in a hat thing, so its not that hard to say it was so and so when it wasnt) than how nice the event was. Society is a bitch.
Also, last year was the first year nobody got a yearly bonus, but got a big party, that would have covered everyones bonus ($500-1K per emp in the past). So instead of people taking themselves and guest to a $200 a plate dinner they probably wouldnt mind not having over a $1000 holiday bonus might keep food on the table for the family for a month+, it leaves a bit of a bitter feeling.
And that second part is again, why more -'s come from moves like that than +'s. Getting rid of an assett to the company to save $30K a year on their salery instead of some “fresh out of school kid”, is a poor decission again. Ave college kids first jobs last 6mos to a year then they find something else. So your company trained a kid for say 2 months, to have them work there for another 4 and leave… then more expense to hire someone else and repeate the process… all the while getting sub par performance VS an expienced old timer that did the job well for many years? You cant tell me you havnt worked somewhere and saw just that happen. Old guy got canned and new kid comes in to take his spot and “doesnt know shit”.
Entry level jobs are there for a reason… to give new people to the carreer field a chance to prove themselves. Taking a higher up position with more responsibility and dumping it on a new kid, to save 30K a year is a POOR business choice IMO. And dont even say split the resonisibility between 2 newbies, becasue that would cost the company around $15K OVER keeping the person to do so in this particular case, defeating the concept in the first place.