Christmas Wishes for Employers and Employees: Cash for the Holidays Tops the List

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New polls show from Express Employment Professionals show that most businesses plan to offer some type of gift this year, with cash topping the list for ways they'll show their appreciation.

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Regardless of how your business is faring this holiday season, take time to make sure your employees know how much you value and appreciate them.

Express Employment Professionals released new poll results today revealing what employers plan to do to show appreciation to their employees this holiday season, and what employees would like to receive.

In a recent poll of business leaders, 26 percent plan to offer cash this holiday season, while 19 percent said they will give some combination of gifts. Sixteen percent said they will give gift cards, 13 percent will give tangible gifts and 7 percent will offer extra days off.

Just 7 percent reported they will not give any type of bonus this year, an improvement from 23 percent in 2015.

In a separate poll, respondents were asked how they wished their company would show appreciation. Cash topped the list at 27 percent, while 16 percent chose receiving Fridays off work. Fourteen percent indicated employee training and advancement opportunities as their top choice.

Tickets to movies or events received 12 percent of the vote, flexible parental leave or a day to work from home was chosen by 8 percent of respondents and 6 percent chose a massage.

“This time of the year is a great time for employers to show their employees how much they appreciate their work throughout the year,” said Bob Funk, CEO of Express, and a former chairman of the Federal Reserve Bank of Kansas City. “It’s also an encouraging sign of a strengthening economy that 93 percent of businesses that took the poll plan to give bonuses, a significant increase since last year.”

“The holidays provide the perfect time for businesses to set themselves apart and attract great talent by recognizing their employees’ hard work. Regardless of how your business is faring this holiday season, take time to make sure your employees know how much you value and appreciate them.”

Employees completing the poll were given the choice to provide another option. A significant number indicated they still long for a thank you from their boss.

The poll on the Refresh Leadership blog received 572 responses and the poll on the Movin’ On Up blog received 412 responses.

If you would like to arrange for an interview with Bob Funk to discuss this topic, please contact Sherry Kast at (405) 717-5966.

About Robert A. Funk
Robert A. "Bob" Funk is chairman and chief executive officer of Express Employment Professionals. Headquartered in Oklahoma City, the international staffing company has more than 760 franchises in the U.S., Canada and South Africa. Under his leadership, Express has put more than 6 million people to work worldwide. Funk served as the Chairman of the Federal Reserve Bank of Kansas City and was also the Chairman of the Conference of Chairmen of the Federal Reserve.

About Express Employment Professionals
Express Employment Professionals puts people to work. It generated $3.02 billion in sales and employed a record 500,002 people in 2015. Its long-term goal is to put a million people to work annually.

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Sherry Kast
@ExpressPros
since: 08/2008
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