Just 24% of employers surveyed are offering holiday bonuses this year, down sharply from 42% in 2008.
Of those giving bonuses, 49% will give cash, spending a median of $250 per employee, the survey by Hewitt Associates, Lincolnshire, Ill, found. In addition, 39% will give gift cards, with a median value of $35 per employee, and 22% percent will give food, such as a turkey or ham.