Companies less like Santa, more like Scrooge

Only one-third of Canadian firms plan on handing out holiday bonuses to employees, but most will have a holiday party
||Last Updated: 05/02/2005

Companies continue to be a bit more like Scrooge than Santa when it comes to handing out holiday bonuses.

According to a survey of Canadian companies by Hewitt Associates, only 33 per cent of organizations will offer a holiday bonus this year, consistent with the 32 per cent that did so last year.

But it’s not all coal in the stockings for employees, as the majority of employers plan to host a holiday party for employees this year.