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Industry News and Information

46% of Employers Giving Holiday Bonuses This Year

Steven Rothberg AvatarSteven Rothberg
December 13, 2012


Drawing of Ebenezer Scrooge

Drawing of Scrooge courtesy of Shutterstock

The scrooge economy appears to be loosening its grip, as a new study shows companies plan to offer more perks (bonuses, parties, gifts) than last year. The national study was conducted for Careerbuilder by Harris Interactive© from August 13 to September 6, 2012 and included 2,494 hiring managers and human resource professionals and 3,976 workers across industries and company sizes.

Bonuses: Forty-six percent of employers expect to give their employees holiday bonuses this year, up from 40 percent last year and 33 percent in 2010. Nearly one in five of them (19 percent) plan to provide a larger bonus than last year.

Parties: Six in ten (60 percent) employers are throwing a holiday party for their employees this year, up from 58 percent last year and 53 percent in 2010. Forty percent of workers say they plan to attend.

Gifts: Thirty-six percent of employers plan to give holiday gifts, up from 30 percent in 2011 and 2010.

Twenty-three percent of workers plan to buy holidays gifts for co-workers this year and 22 percent are buying for their boss. The majority (81 percent) of workers who plan to buy gifts expect to spend $25 or less for each holiday gift they buy for the office. Thirty-eight percent plan to spend $10 or less and 10 percent plan to spend less than $5.

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