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Benefits December 11, 2009
Some Employers Scaling Back on Holiday Perks
December 11, 2009 (PLANSPONSOR.com) – A new CareerBuilder survey finds many companies still plan to reward their employees with bonuses, gifts, and parties, but some are scaling back.
Reported by Rebecca Moore
Nearly three-in-ten (29%) employers indicated they plan
to give their employees holiday bonuses this year, and among that group, 16%
are planning to give the same amount as in previous years, according to a press
release, However, 11% said they plan to give less.
Twelve percent of survey respondents reported they will
not be issuing holiday bonuses even though they have in previous years.
More than a quarter (26%) of employers plan to give
holiday gifts, with 15% of them planning to spend the same amount for workers
as in previous years. Eight percent indicated they plan to spend less, while
another 8% of respondents say they are not planning to give holidays gifts in
2009, even though they have in years past.
Almost half (49%) of employers are planning a holiday
party for their employees this year. Of that group, 30% plan to throw the same
party as in previous years, while 18% are planning something on a smaller
scale. One-in-ten (11%) employers surveyed do not plan to have a holiday party
in 2009 even though they have in previous years.