Great again: Christmas bonuses to jump 66% this year

Great again: Christmas bonuses to jump 66% this year
Image: Andrey_Popov /Shutterstock

[Ed. –  And a happy new year!]

In the latest sign of a booming economy, human resources officers from some 500 corporations anticipate a massive 66 increase in cash Christmas bonuses, added to a big surge in gifts and parties for American workers.

New data to Secrets from Accounting Principals said the “average bonus” will jump from $1,081 last year to $1,797.

Other findings:

  • 39 percent of companies plan to give employees other perks throughout the year instead of a bonus.
  • 38 percent will give charitable donations in lieu of a bonus, up from 31 percent in 2016.
  • 33 percent of HR managers say that asking a boss for a bonus directly will increase the likelihood of getting a bonus, compared to 15 percent in 2016.

Continue reading →


Commenting Policy

We have no tolerance for comments containing violence, racism, vulgarity, profanity, all caps, or discourteous behavior. Thank you for partnering with us to maintain a courteous and useful public environment where we can engage in reasonable discourse.

You may use HTML in your comments. Feel free to review the full list of allowed HTML here.