Sometimes. Depends on the year's performance. I think on good years it's a bit less than one paycheck. On bad years it's literally nothing.
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Do you receive a Christmas bonus from your employer?
- Thread starter JJH
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We usually give people raises (assuming they've actually earned it) and year end bonuses in December every year, which vary from person to person.
This year we're not going to do raises (everybody had their salaries reduced back in the spring but they were all recently restored to 100% pay), but I believe we are still going to do the bonuses.
This year we're not going to do raises (everybody had their salaries reduced back in the spring but they were all recently restored to 100% pay), but I believe we are still going to do the bonuses.
Our company usually has Christmas launch on 24th (not this year since everyone is working from home), then the office reopens on January 1st after new years. We also get to pick a gift from bestbuy with a price limit of 400. Its relatively small company and the owner is really generous and seems to genuinely have the best interest of the employees.
We get an annual 4% COLA (Cost of Living Adjustment) the first pay period of November, made retroactive to the beginning of the FY this time around. So we got a secondary check covering July-Oct's 4% COLA which is technically a Christmas bonus I guess.
My sick time gets paid out annually in Massachusetts which amounts to an extra 40 hrs at my pay rate. It's pretty much a Christmas bonus at this point, for not being afflicted by some hardship.
We did last year, but with COVID killing our financials, we're lucky we even got jobs let alone bonuses this year.
It's my first year here and I know they spend a ton of money on an end-of-year party instead of giving out bonuses.
If you attend the party I think you get $20.
If you attend the party I think you get $20.
Wow. That is unheard of for us in the UK. We even have to buy our own equipment.
No Christmas bonus and they got rid of the annual bonus a couple years ago too. There have been two covid bonuses this year though, 10 percent of the hours worked in two separate four week periods. Finally a benefit for working in retail during covid haha
Not for Christmas, no. Our bonuses come after the fiscal year and are factored into our comp, so they get paid out around June and can be pretty hefty. The amount is based a combination of how well the company, your business unit, your studio, etc. do--the distribution of which is based on your role (so Andrew Wilson, for example, gets his bonus 100% based on how the whole company does) times your target times your performance modifier--maybe plus some stock. I'm not very senior, so my bonus target is relatively low, but it still comes out to a decent amount overall.
For the holidays, we usually get two holiday parties (one for the kids, since they can't go to the big one), plus whatever your studio does on top, plus a week shutdown that's paid. This year, we're doing a remote party, which is going to be interesting, and they're also sending every employee a gift, plus some food and alcohol. I'm looking forward to it.
For the holidays, we usually get two holiday parties (one for the kids, since they can't go to the big one), plus whatever your studio does on top, plus a week shutdown that's paid. This year, we're doing a remote party, which is going to be interesting, and they're also sending every employee a gift, plus some food and alcohol. I'm looking forward to it.
my company used to do goal based bonuses twice a year with one of them conveniently in December but not as an actual Christmas bonus. a few years back they had us vote if we want to keep that or switch to 401k match and the latter won, so no bonuses at all anymore
We normally don't, but bonuses were either reduced or eliminated this year depending on department (would have been paid out Jan 2021) because of the pandemic but they said they would be giving everyone "a little something for the holidays sometime in December".
Fully expecting starbucks gift cards or company branded yeti cups or some nonsense. I'm personally more annoyed with the fact that the company made a point to note that "some employees got more than they normally would have this year due to stimulus" etc. as a reason for taking bonus away from some people.
Fully expecting starbucks gift cards or company branded yeti cups or some nonsense. I'm personally more annoyed with the fact that the company made a point to note that "some employees got more than they normally would have this year due to stimulus" etc. as a reason for taking bonus away from some people.
STIMULUS WAS NOT TO COVER PAY, IT WAS TO STIMULATE SPENDING AND THE ECONOMY, fucking jackasses...
Once upon a time yes. Then it got progressively cut down and removed on year for the proles while management continued to get theirs and the CEO got a huge payoff. They eventually brought them back but at a far lower level than they were at before.
Don't see one happening this year but at least this time there will be valid reasons for it.
Don't see one happening this year but at least this time there will be valid reasons for it.
I did when I worked with a non-profit, but now I'm working for a faceless academic institution.
Typically end up with 6 extra vacation days (on top of the three stats for Christmas/Boxing Day/New Years), plus weekends, so I get like 22 days of paid vacation for only five vacation days taken. Which is essentially just as good as a bonus in my eyes!
I'm in a bonus-eligible position within my company. It is not guaranteed, but based on my role, the target is 10% of salary. Who the hell knows how the virus might impact it.
Anyway, it's paid out in the first quarter, not during the holidays.
Anyway, it's paid out in the first quarter, not during the holidays.
No thanks to COVID, but it's no sweat off my back. Thankful my family is healthy and my job is secure.
I am the admin assistant for two groups at my place of employment. They tend to get together and send me several gift cards each year. Does that count?
It's not a "Christmas Bonus" but I do get a yearly bonus depending on how the company does relative to our budget goals. That bonus comes at the end of Q1 but its typically pretty sizable so I don't mind it not coming around the holidays.
This year we did VERY well. It's kinda amazing how well we did given the gigantic shithole the entire world is in right now. I can't wait to see what this year's bonus will be.
This year we did VERY well. It's kinda amazing how well we did given the gigantic shithole the entire world is in right now. I can't wait to see what this year's bonus will be.
Usually 2 weeks pay if the company is doing well. We are in construction and we have never been busier, it's insane how busy we are.
Lol we receive budget cuts every end of year, not bonuses. Orders to find way to reduce costs, most of the time that means bodies or different teams go bye bye.
