Spreading holiday cheer

Managers most likely to give cash at Christmas
By
|hrreporter.com|Last Updated: 12/14/2006

More than half of managers will be spreading holiday cheer around the office this year by giving presents to their employees, according to a recent survey by CareerBuilder.com and ShopLocal.

While one third of bosses who will purchase gifts plan to spend $10 US or less per staff member, one in five expect to spend more than $25 US and nearly one in ten expect to spend more than $50 US.

Twenty-nine per cent of workers will reciprocate the gesture, with those making less than $50,000 US being the most likely to buy holiday gifts for their bosses. The survey,