One in five employees to receive Christmas bonus in 2024 – GPA
64% of those expecting a Christmas bonus felt that the sum gifted was sufficient.
The latest insight from The Global Payroll Association (GPA) has revealed that the average Christmas bonus is expected to increase by 8.3% this year to £788.
The survey of 2,320 British office workers, commissioned by the GPA, found that almost half (46%) had been working at their current company for over a decade.
But despite this, just 21% stated they were expecting a Christmas bonus.
Of those who were expecting a bonus, only 14% said it was contracted, with the most common type of bonus paid being a flat figure payment, while gift cards were also a common method, as was a percentage of salary.
64% of those expecting a Christmas bonus felt that the sum gifted was sufficient.
The GPA analysed current ONS earnings data which showed that the average person in Britain earned £38,413 per year.
With a Christmas bonus estimated to sit at 2% of earnings, this means the average person receiving a bonus should expect to take home an additional £768.26.
This figure has increased by 8% in the last year and by 40% in the last decade.
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