How much is the typical Christmas bonus?
Credit:YinYangE+Getty Images
Q:

How much is the typical Christmas bonus?

A:

Quick Answer

The amount of a Christmas bonus varies, depending on the company awarding the bonuses. Christmas bonuses are not a requirement for any business, and this allows employers to provide bonuses at their own discretion. While bonuses are not given by every company, they are known as a tradition in the financial industry.

 Know More

Full Answer

Certain companies provide employees with what is referred to as an "end of the year bonus," and these bonuses are generally between 10 to 20 percent of the employee's salary. Holiday bonuses are not always in the form of cash. Many companies provide their employees with yearly holiday gifts that range from clothing bearing the company logo to exquisite fruit and cheese baskets, as well as gift cards and gift certificates.

Learn more about Salaries

Related Questions

  • Q:

    What is the typical hourly wage of an AutoZone employee?

    A:

    The typical hourly rate for an AutoZone employee varies depending on the position he holds within the company. In 2014, a Customer Service Associate made $7.38 to $13.73 an hour, but an Automotive Retail Salesperson made $7.24 to $15.46 an hour, according to PayScale.

    Full Answer >
    Filed Under:
  • Q:

    How much money does a Motocross racer make?

    A:

    The amount of money a Motocross racer makes depends on the number of races won; although racers are paid weekly, they also make bonuses for each race that they win or for placing in a race. For example, 2014 AMA Supercross racers took home a typical weekly purse of $104,865, which included bonuses for races over 17 weeks and added up to around $1.7 million for the year.

    Full Answer >
    Filed Under:
  • Q:

    What is the salary of a professional mascot?

    A:

    The starting salary of professional mascots is about $25,000 plus bonuses. Extremely popular mascots that actually pull revenue for their teams earn six-figure salaries.

    Full Answer >
    Filed Under:
  • Q:

    How are Christmas bonuses taxed?

    A:

    No matter what time of year a bonus is paid, it's taxable under the heading of supplemental wages, according to the SBS CPA Group. In fact, the IRS requires that employers hold out a "supplemental rate" of 25 percent, although some employers assume that by making the original bonus bigger.

    Full Answer >
    Filed Under:

Explore