60% of hiring managers say companies will offer bonuses this year—who's most likely to get them

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Among organizations awarding year-end bonuses, half will be a higher value than they were last year.

this positive bonus outlook was initially surprising, but says it is likely concentrated among companies that saw increased demands of their products and services during the pandemic.— who expect record online shopping activity this month — are offering workers holiday bonuses ahead of the busy season.

Hiring managers in accounting and finance were most likely to believe their organization will offer bonuses and that they will be higher than in previous years. Companies' finance departments played a huge role in keeping businesses afloat in 2020, Schroeder says, given all of the facets of the field, including financial assessments; forecasting and modeling; and boosting productivity by investing in technology efforts.

Nearly 8 in 10 hiring decision-makers say it's likely their company will offer merit increases this year, but nearly half say the raises will be smaller than in previous years. Hiring managers who work in legal departments, as well as those at large employers, are statistically most likely to believe their company will award raises in the coming months.

However, many organizations across industries have taken more drastic measures to cut costs that could take months, if not years, to recover. One recent

 

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