Speed Reads

happy holidays!

75 percent of American companies plan to give holiday bonuses this year

About 75 percent of companies plan to give their workers year-end bonuses this year, up from 67 percent last year, according to a survey of 500 HR executives at firms of various sizes. The average bonus is expected to be 25 percent larger than last year's offerings — about $1,081, up from $858 in 2015. The quarter of firms who said they aren't giving out holiday bonuses "had financial performance issues or were concerned about the U.S. economic outlook," The Wall Street Journal reports, but about half of that group still said they hope to give out other morale-boosting gifts like extra paid time off.