Study: The Average Holiday Bonus in New Jersey is…
Four days until Christmas and still no bonus? Obviously, not everyone gets a holiday bonus. In fact, 68% of New Jersey residents didn’t receive one at all last year. Nothing…
WEEHAWKEN, NJ – NOVEMBER 29: The sun rises on buildings in Jersey City and Hoboken, New Jersey on November 29, 2022, as seen from Weehawken, New Jersey. (Photo by Gary Hershorn/Getty Images)
(Photo by Gary Hershorn/Getty Images)Four days until Christmas and still no bonus? Obviously, not everyone gets a holiday bonus. In fact, 68% of New Jersey residents didn't receive one at all last year. Nothing at all, and some people rely on their bonus to pay off holiday debt.
That's according to a study by the team at scheduling software Deputy which asked more than 2,600 Americans across industries and regions what types of bonuses they received, revealing the average holiday bonus in every state.
Of those who did receive a cash bonus from their employer in New Jersey, he's some of the findings.
The average holiday bonus in New Jersey is $947.86. New Jersey ranks #11 among the states for the highest holiday bonus. The average holiday bonus overall, for Americans who received any bonus, is $731.19, so New Jersey is above the national average.
The most common bonus range in New Jersey is between $5 and $100, with 35.71% of respondents in New Jersey reporting bonuses within this range. On average, the most common bonus range for Americans overall is between $120 and $500, with 1 in 3 respondents (32.4%) falling in the range. Across each state, the largest percentage of residents reported no cash bonus at all.
The study also found that New Jersey is one of 31 states including Pennsylvania that prefer a company-paid holiday meal as their favorite holiday perk. New Yorkers would rather have a company holiday party. In fact, Company holiday parties come in second place for the most wanted perk during the holidays. Respondents from 20% of the country say that they would prefer a party in place of a holiday bonus.
Here are some other findings... 15% of those in the finance and insurance industries say they received a bonus of $9000 or more last year. 59% of those who responded said they did not receive a bonus last year due to Covid. And, 1 in 5 think they're getting a smaller bonus because of a potential recession.
Check out the full study here.
New Jersey: Christmas Eve Store Hours For Major Retailers
As the holidays quickly approach, there might be some last-minute gifts you need to grab. Most stores are closed on Christmas Day and the day before, Christmas Eve, many major retailers have reduced hours. Before you go out and venture into the cold for those last-minute items, take a look at the list below for the holiday hours of your favorite stores:
1. Best Buy
According to RetailMeNot, Best Buy will be open from 8 a.m. to 7 p.m. on Christmas Eve. Please your check local store for exact hours.
2. Kohl's
Kohl's will be open from 8 a.m. to 6 p.m. according to the retail site. Please your check local store for exact hours.
3. Macy's
Macy's will be closing early (at 6 p.m.) and will open at 8 a.m. in most locations according to RetailMeNot. Please your check local store for exact hours.
4. Target
Target is open on Christmas Eve but many locations will close early, at 8 p.m. If you are looking for in-store or curbside pickup the retailer announced that it will close at 6 p.m.
5. Walmart
Walmart is set to close at 6 p.m. on Christmas Eve. Opening hours for the retailer vary so please check local store for exact hours.
