It’s going to be more difficult to classify workers as independent contractors. Read about the high cost of misclassification and how you can reduce the...
Are Year-End Bonuses in the Works?
More From the Blog...
Employers added 266,000 jobs in November, and the unemployment rate dropped to 3.5%. Read more about the November 2019 jobs report.
ARE YEAR-END BONUSES IN THE WORKS?
76% of companies offer year-end bonuses.
How organizations plan to change them this year:
|No change: 48%|
Cities with the most companies increasing year-end bonuses:
|1. Nashville: 64%|
|2. Austin: 63%|
|3. Denver, Minneapolis: 59% (tie)|
|4. San Diego: 58%|
|5. Portland, Washington D.C.: 57% (tie)|
52% of workers say they expect a year-end bonus.
How they plan to spend that money:
|Long-term savings: 52%|
|Vacation in the new year: 47%|
|Holiday shopping: 46%|
|Pay off debt: 46%|
Source: Robert Half survey of more than 2,800 senior managers and 2,800 workers in the U.S.
© 2019 Robert Half. An Equal Opportunity Employer M/F/Disability/Veterans.