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Odds Of A Holiday Bonus Go Up

CHICAGO, Dec. 6 (UPI) — The odds of getting a holiday bonus at work improved significantly this year, a private research firm in Chicago said.

CareerBuilder said 40 percent of employers in a survey conducted Aug. 16-Sept. 8 indicated they would present bonuses to workers this year, a jump from 33 percent who indicated bonuses were an option in 2010.

Fifty-eight percent of employers in the survey indicated they would host a holiday party this year, up from 52 percent last year. Thirty percent indicated they would bestow some kind of holiday gift on their employees, slightly better than the 29 percent who indicated such generosity was in order in 2010.

Among employees, 22 percent indicated they would give gifts to coworkers this year — with the vast majority, 79 percent, indicating they would spend $25 or less on coworkers.

The survey included responses from 2,696 hiring managers and 4,086 workers. The results included a margin of error of plus or minus up to 1.8 percentage points, CareerBuilder said.

UPI - United Press International, Inc.

Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.

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