, found 67% said they would quit their job or at least consider quitting if they did not get a bonus. Skynova's survey found 80% are expecting a bonus.
Overall, employees at small businesses were 51% more likely than those at large businesses to think they will receive a holiday bonus this year. “The main thing is the percentage should mean something and not be arbitrary. This ensures management can answer any questions related to how it was calculated,” Hardy told. “With retention being a major driver behind the compensation conversation, it's important that if you do give bonuses, there is a clear purpose behind them that can be shared with each recipient.”
“It doesn’t send a great message to your employees if you slash bonuses in response to fears of potential hurdles in the coming year, especially if you’ve given bonuses in the past,” Hardy said. “Most employees rely on year-end bonuses for various purposes, like paying down debt or student loans or maxing out their 401 deferrals.”
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