20.12.2021

COMPANIES WILL BE HANDING OUT BIGGER CHRISTMAS BONUSES THIS YEAR

This year, the companies plan to distribute larger bonuses than in 2020, according to a study by the Chamber of Commerce.

More than 80 percent of companies are planning Christmas bonuses for employees. This year, the companies plan to give better bonuses than in 2020, according to a study by the Chamber of Commerce and Industry. More than 80 percent of companies are planning Christmas bonuses for employees.

Despite the vague outlook and impact of the pandemic, much of the business is planning Christmas bonuses for staff. 30 percent of employers provide bonuses of up to BGN 200. Approximately the same amount is between BGN 200 and BGN 500, and about 20 percent will give out bonuses of up to BGN 1,000.

Entrepreneurs who declare that the additional remuneration is within the capabilities of their companies are almost a quarter more than last year. However, 12 per cent say they do not provide Christmas bonuses due to the effects of the crisis, and another 5 per cent have not yet made a final decision.

More than half of the managers state that they will give the same bonuses to everyone, and 35 percent will determine the additional remuneration individually according to the performance of the employees.