Home > Article
Q. What is an appropriate amount to expect for a holiday bonus?
A. There is no standard amount for a holiday bonus, since this type of reward is not based on predetermined expectations. When an employer decides to offer its employees a year-end bonus, the reward is normally considered to be additional compensation to help employees through the holiday season. Those employers who offer holiday bonuses might give anywhere from $100 to $5,000.
Keep in mind, a bonus is not the same thing as an incentive, which is designed to compensate you for meeting certain established objectives. An incentive that is based on predetermined criteria is likely to be larger than your holiday bonus.
- Erisa Ojimba, Certified Compensation Professional
Copyright 2000-2004 © Salary.com, Inc.
More Related Articles
Interview Bias: Overcoming the Silent Forces Working Against You
Biases can surround visible differences people have, like race, gender, or appearance, but can also include assumptions about you based on the way that you speak, your age, or any of the background information you have listed on your resume.
Follow these guidelines for dress and body language to ace your interviews.
Types of Bonuses
There are several types of bonus programs. Some plans simply give employees a certain share of the company profits (current profit sharing), regardless of the performance of individuals or teams or perhaps a bonus to the entire company based on the company's performance (organization-wide bonus).
Google Web Search
Didn't see what you were looking for?
powered by Google