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Around the holidays, money talks for employees.
A survey of 1,000 employees by Spherion Staffing Services showed that a holiday bonus (41%) is the No. 1 item they would like from their employer during the holidays. The “2018 Holidays at Work Survey” also found that 46% of employees said their company doesn’t give holiday bonuses or any other monetary gifts during the holidays, and for those that do get a bonus at the holidays, the majority receive less than $500.
52% of employees surveyed describe the holidays at their workplaces as “business as usual,” while 36% said their companies are “generous” around the holidays and 13% said companies are “stingy” during the holidays.
One thing companies are apparently doing well this holiday season is giving back to the community. 46% of employees surveyed said their company will participate in charitable activities in the community this holiday season. The No. 1 activity will be food/clothing/toy/other drives (51%) followed by company volunteer events (18%) and adopting a needy family or child (15%).
“Employers are listening more to employees' desires to work for a company that advocates for causes they care about,” said Spherion Division President Sandy Mazur. “We also saw this reflected in our 2018 “Emerging Workforce Study,” which showed that 46% of companies surveyed offered paid time off this year for community service versus 26 percent who did so in 2015.”
What perks are companies offering this year? Surveyed employees cited the following:
- Holiday party (36%)
- Extra time off (28%)
- Holiday bonus (26%)
- Office closure between Christmas and New Year’s Day (22%)
- Company-paid holiday meal (18%)
- Employee gift exchange (18%)
20% of employees said they didn't want anything extra from their companies for the holidays and that they “love their company and job.”