Which is more valuable to you -- more free time or more money? That is a question that is getting more difficult for me to answer. For several years, American workers have told the pollsters they are more motivated by time off than dollars and cents. Personally, I have turned down freelance assignment in the past because I just didn't want to give up my free time. But now, with our economy in the doldrums, I'm not so sure I would make that tradeoff.
It surprised me today when I read an article about holiday bonuses. I know, it seems way to early to be thinking about the holidays, but apparently, some small businesses are going to give "time off" to employees rather than year-end bonuses.
Susan Solovic, chief executive of SBTV.com, a small business Web portal said her company is running behind on its projections. So instead of bonuses, her staffers will get the week off between Christmas and New Year's Day. Solovic is convinced her staff would rather have time than a gift or money.
Now, I'm sure Solovic's staffers will appreciate the time off. But let's be real. Most of us are downright scared about the economic future of this country. Ask any working mother and she will say she places huge value on her free time. But this holiday season, I say most workers want the cash. Do you agree?