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Average holiday bonus this year is $858, survey finds

November 19, 2015

The average holiday bonus this year is expected to be $858, according to a survey released by Jacksonville Fla.-based Accounting Principals. Two-thirds of HR and hiring managers, 67%, reported their company plans to give monetary holiday bonuses this year

Of the 33% not planning to give monetary bonuses this year, 27% indicated they plan to give their employees other perks and 23% plan to offer bonuses at other times of the year.

The survey also found 81% of HR and hiring managers noted that employees could take action to increase their likelihood of getting a holiday bonus this year. Respondents suggested:

  • Staying more motivated throughout the year: 54%
  • Being more positive or upbeat: 43%
  • Volunteering to take on more job duties: 32%
  • Reminding the company of their accomplishments: 22%
  • Asking their supervisor for a bonus directly: 13%

“With the economy performing at a more steady level, holiday bonuses are once again a great way for employers to recognize the efforts of their hardworking staff and spread good cheer,” said Accounting Principals Senior VP Kathy Gans. “In today's candidate-driven job market, we find that employers are embracing new and creative ways to promote their company culture and attract and retain talent. Companies that offer other perks beyond salary, such as holiday bonuses, extra paid time off, or flexible work schedules, are more likely to retain their talent than those solely focused on salaries.”

The survey was conducted between Nov. 3 and Nov. 10, 2015, among 501 US HR or hiring managers.