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4 ways to bring more meaning, value to this year’s holiday bonuses

  • Amid economic uncertainty, creative non-cash holiday bonuses can boost engagement and reinforce company culture, says Shari Simpson, senior manager at Paylocity. Transparent processes, based on company performance, contributions, and tenure, ensure fairness.
  • Non-cash rewards like experiences (concert tickets, tailored events), extra paid time off, wellness perks (gym memberships, gadgets), or charitable donations reflect care and values. For remote teams, home office upgrades enhance comfort, while team outings build camaraderie.
  • Simpson emphasizes aligning bonuses with company culture to celebrate employees’ impact.

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