holiday bonus

Year-end gift

A holiday bonus is extra money paid to employees around the end of the year, typically near Christmas or other winter holidays.

Unlike performance bonuses, holiday bonuses are often given uniformly as a gesture of appreciation: Everyone got a $500 holiday bonus this year.

Some companies give the same amount annually; others vary it based on profits or tenure.

Opposites
compensation type

holiday bonusbase pay

Compensation before additions

hourly wage · base salary · guaranteed income · annual salary · minimum wage

employee treatment/morale

holiday bonusseasonal layoff

Recurring job suspension

financial outcome for employee

holiday bonuspay cut

Reduction in earnings

salary reduction · wage deduction · furlough · layoff · termination

Family

holiday, bonus, holy, holidays, bonuses, holiness, holier, holiest, days

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