Surprise! Employees Are Barely Anticipating Big Christmas Bonuses
Just 8 % of staff are dreaming of a fat Christmas bonus this year, thanks to fresh insights from Zest, the employee‑benefits tech wizard.
Why the Holiday Hopes Are Shrinking
- 60 % of workers aren’t even expecting a holiday bonus.
- More than 44 % are skeptical about a pay rise next year, largely because of the recent rise in Employer National Insurance.
- Only 43 % of employees got the salary bump they were hoping for this year.
When employers bolt the bonuses and salary bumps, it doesn’t just dim morale—it can also slow productivity and even send top talent packing.
Benefits Packages: The Hidden Santa
- 71 % of the people who will receive a Christmas bonus would rather get a better benefits package.
- Young workers are even more keen: 80 % of those aged 18‑34 would pick benefits over a lump‑sum.
- Nearly 57 % think the money spent on a Christmas party could do a lot more for their benefits.
- Two‑thirds (63 %) feel that perks are now a bigger factor in where they’ll work, yet 41 % believe their current package is lacking.
Matt Russell, CEO of Zest, noted, “After another crazy year, many employees are starting to accept that the financial rewards they want might almost never arrive. But if you’re still paying out pay rises and bonuses, you’re capping yourself in a very stiff market. With a robust benefits package, you can keep talent locked in—no expensive salary hikes required.”
Top‑Notch Companies Already Using Zest’s Platform
Companies like Hargreaves Lansdown, Taylor Wimpey, Yahoo, and Travis Perkins trust Zest’s award‑winning solution. Their 300,000‑plus employee base is already reaping the benefits of flexibility and cost efficiency.
Curious About How It Works?
Check out Zest’s ROI Calculator to see how you might cut employer contributions, reduce turnover, and boost productivity. Give it a whirl and see what savings you can unlock.
