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Holiday bonuses! Are you getting one?
According to digital marketing firm Agital, 60% of the companies they surveyed said they were giving holiday bonuses this year. However, bonuses will be on the smaller side, with about 26% of employers giving a bonus between $100 and $250, and 22% offering a bonus between $501 and $1000. Only 3% plan to offer a bonus of more than $5000.
Other survey findings:
- 82% of employers say holiday bonuses boost employee morale and 79% say bonuses are essential to staying competitive.
- 55% of employees say receiving a holiday bonus plays a significant role in their overall job satisfaction.
- About 34% of employees would consider finding a new job if they were not given a holiday bonus, while 45% say their holiday bonus should be bigger.
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