In a recent survey conducted by BNS and sponsored by Kronos, researchers found that more employers will give staff gifts and bonuses this year while fewer plan to extend the holidays by granting three or more days of paid leave. Here are some highlights from the survey:
- 49% of employers will give employees holiday gift items, cash awards or bonuses this year. This represents an increase over 2005 (40%) and is the highest figure reported in the survey’s 25-year history.
- 43% of employers are giving workers three or more paid holidays – down from other comparable years when these holidays also fell on Monday (49% in 2000, 47% in 1995 and 60% in 1989).
- Most employers will still grant two paid holidays at year end for Christmas and New Years.