When people mention Christmas, many employees think of Christmas bonuses and they wonder if companies give Christmas bonuses?
Many companies use Christmas bonuses as corporate gifts during the Christmas season. They show their appreciation to their employees with these bonuses and at the same time, they celebrate this special day with their employees and partners.
We can see many different versions of Christmas bonuses. They vary in form and size and these things are related to the company’s policy and values. For instance, gifts, hampers, vouchers or gift cards can be used as Christmas bonuses.
Christmas bonuses can be seen as marketing tools and they can be used in advertising because they have many advantages and benefits for the companies in the business world. They can build strong and long lasting relationships with their clients and partners, they increase their visibility and reputation.
They show their brand image because these bonuses reflect the company’s generosity and kindness. At the same time, these bonuses can be used for employees. When companies want to increase motivation, morale, job satisfaction and productivity, they use Christmas bonuses.
Employees who are appreciated with these bonuses by their companies feel valued and special. This situation affects their productivity and they can create positive and peaceful working environments. On the other hand, when companies want to be different from their competitors, they use these bonuses.
Not all companies give Christmas bonuses because they are totally related to the company’s values, policy and culture. This situation is also related to the company’s size, industry or country. At the same time, some companies use bonuses not to all employees, they just use them for highly- productive employees to show appreciation.
Is it Common to Get a Christmas Bonus?
We can not answer this question exactly because getting Christmas bonuses depends on some factors. That is why we want to mention these factors.
- In some countries, Christmas bonuses and gifts are common. Some countries have Christmas traditions and according to these traditions, they think that they have to give bonuses to their partners. Because they think that these bonuses show generosity, kindness and thoughtfulness. However, in some countries, there are not any traditions about Christmas. They do not attach importance to Christmas and because of that they do not use Christmas gifts in their business relationships. Because of these things, we can say that the country of your company is one of the factors.
- On the other hand, the industry of your company is another factor. Because in some industries, gifts and bonuses are significant. We can explain this situation with an example. For instance, gifts and bonuses are significant in the finance industry and because of that companies which are in the finance industry use Christmas bonuses. On the other hand, in the public sector jobs, we can not see these bonuses.
- Your company’s size and financial health are other factors because if your company has not too many employees, they can use Christmas bonuses. However, if your company is large, the corporate gifting projects or bonus projects can be hard. They can not manage the process easily and because of that they do not prefer to use them. At the same time, if your company’s financial health is good, they can manage the process and they can use high budgets but if your company’s financial health is not good enough to put money up for gifts and bonuses, they can not use bonuses.
Who Gets a Christmas Bonus?
Christmas bonuses can be used by companies to their employees. Many companies use these bonuses to show their appreciation and increase motivation and productivity. Although, not all employees get bonuses because these bonuses are given according to some elements. That is why we want to make a list about who gets a Christmas bonus from companies.
- Full- time employees,
- High performers,
- Long- term employees,
- Employees in profitable companies are generally getting bonuses.
Do Companies in the United Kingdom Give Christmas Bonuses?
We can not answer this question exactly because this situation is changeable and it depends on some factors. However, we can say that Christmas is significant in the United Kingdom and people care about Christmas gifts and bonuses.
They think that these gifts show their appreciation and goodwill. At the same time, they think that giving gifts or bonuses are symbols of kindness and generosity. Because of these ideas, many companies give bonuses or gifts but we can not say all companies do this.
If their companies’ economic conditions are enough to use Christmas bonuses and gifts, they generally want to use them but if they can not afford these bonuses, they do not choose. At the same time, we can say that many companies in the United Kingdom prefer to use bonuses according to performance.
Their bonuses are generally performance based and they do not use standard bonuses to all employees. When they want to show their appreciation to high- performers, they choose Christmas bonuses or other standard bonuses to productive employees.
