Categories: Headlines

Most Small Businesses Are Handing Out Bonuses This Year

The number is up from two years ago.

Are you handing out year-end bonuses this year?

If so, you have lots of company, Employee Benefit News reports.

Among small businesses, about 64 percent of owners say they plan such rewards this year. The statistic comes from a November 2016 survey conducted by SurePayroll, an online payroll service provider. 

The number is up significantly from 2014, when only 52 percent of owners were planning holiday bonuses.

Just under half (49 percent) will also give gifts to their employees, according to SurePayroll.

Small-business owners are feeling better about the nation’s economic condition, according to the survey. Three-quarters of those surveyed said they were optimistic. That was compared with 68 percent a year ago.

Employee Benefit News quoted Andy Roe, general manager for SurePayroll, saying: “Aside from last month when optimism was fairly low, optimism and more specifically profits have been steady.” 

Now, he said, small-business owners are “rewarding their employees accordingly.”

Read more at Employee Benefit News.

 

 

INSTORE Staff

Over the years, INSTORE has won 80 international journalism awards for its publication and website. Contact INSTORE's editors at editor@instoremag.com.

Recent Posts

The Art of Illusion

TREND REPORT FROM FRANCE Francéclat brings the savoir-faire of French jewelers to the world stage,…

21 hours ago

June Means Dads, Outdoor Events and Time to Pay Homage to the Selfie

To welcome the warmer weather, join in the fun on National Sauntering Day.

1 day ago

Engaging Conversations With Customers Are Sure to Help Boost Bottom Line Sales

Master jewelry sales with expert tips and make every interaction memorable and joyful.

1 day ago

Kyle Edward Fine Jewelry Closes Salisbury Location

Find liquidation prices storewide during the closing sale.

1 day ago

$4M Burglary Ring: 4 Charged With Stealing Jewelry, Heirlooms Across 25 Towns in Massachusetts

The suspects allegedly targeted homes of people of Indian or South Asian heritage, "relying on…

2 days ago

Affordable Gems: The Affordable Color Solution

Affordable Gems’ Presidents Vishnu and Vishal Batwara can help you sell more color!

2 days ago

This website uses cookies.