News Formal

Here's how average bonuses are trending as 2022 draws to a close - Jacksonville Business Journal

  • 📰 JaxBizJournal
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Year-end bonus season is coming — but there's a big catch

Bonus season is coming, but early returns show the checks will likely be smaller than a year ago — at least for many workers.

Some industries bucked the trend of shrinking bonuses, according to Gusto Economist Luke Pardue. Workers in goods-producing and logistics businesses saw their average bonus increase 7.1%. In personal services, bonuses stayed largely flat, growing about 0.1% and sticking around $108. While the overall trend suggests bonuses are trending downward, Pardue said some metrics remain above pre-pandemic levels. For instance, about 5.5% of workers got bonuses in 2019, compared to 6.2% in November 2022.

according to a separate analysis by global human resource consulting firm Robert Half International Inc.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 599. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here's how average bonuses are trending as 2022 draws to a close - Jacksonville Business JournalBonus season is coming, but there's a catch. Here's how average bonuses are trending in 2022.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Murals with Meanings initiative in Jacksonville - Jacksonville Business JournalHearts for Minds turns family tragedy into nonprofit organization and mural art initiative to promote mental health awareness.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Outside Voices: Preparing for inflection points in your business - Jacksonville Business JournalAs year changes, think of what changes might be on the horizon for your business.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Outside Voices: Preparing for inflection points in your business - Jacksonville Business JournalAs year changes, think of what changes might be on the horizon for your business.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Here's how average bonuses are trending as 2022 draws to a close - San Francisco Business TimesBonus season is coming, but there's a catch. Here's how average bonuses are trending in 2022.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »