Are Year-End Bonuses In The Works?

By on December 2, 2019 at 1:40pm

ARE YEAR-END BONUSES IN THE WORKS?

64% of companies offer year-end bonuses.

Organizations' plans for year-end bonuses:

Increase: 33%
No change: 64%
Decrease: 3%

27% of workers expect a year-end bonus.

How they plan to spend that money:

Pay off debt: 47%
Long-term savings: 44%
Vacation in the new year: 26%
Holiday shopping: 18%
Other: 4%

Source: Robert Half survey of more than 600 senior managers and more than 500 workers in Canada

© 2019 Robert Half. An Equal Opportunity Employer M/F/Disability/Veterans.