Survey: Most Workers Plan On Spending Under $250 On Gifts This Holiday

By Kathy Morris - Dec. 17, 2020

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December is a busy time of year for workers, both professionally and personally.

In the workplace, there are end of the year performance reviews, company holiday parties, and maybe, if they’re lucky a nice, fat Christmas bonus.

On a personal level, they are navigating hectic holiday planning and gift buying.

Curious to see how these holiday traditions are holding up in the middle of a pandemic, we surveyed just under 2,000 workers.

The results? Gift buying is a little subdued this year, and many workers aren’t optimistic about traditional holiday perks.

You can see a more in-depth breakdown of our findings below.

Key Findings

Other Findings

  • Just 1% of workers plan on spending over $2,000 on gifts this year
  • Overall, 90% of those surveyed said they will spend less than $1,000 on gifts
  • Who are they spending the most on? The children in their lives, followed closely by their significant others
  • 1-in-4 workers get Christmas Eve and Christmas as paid time off
  • Only 13% of workers expect to receive a cash money bonus
  • Another 5% expect a gift card or other reward
  • That 5% is particularly unfortunate, because overwhelmingly the preferred bonus by employees is cash
  • Sorry Zoom, only 6% of those surveyed are attending a virtual work holiday party

How We Determined This

Zippia.com, a career resource website, conducted a study of 1,900 workers across the US to better understand what this holiday season looks like for workers.

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Each respondent was asked the same series of questions and recruited through Clickworker, a leading survey platform.

The “how much will you spend on Christmas gifts” number featured on the map is the most common response received.

What Is Happening To Work Holiday Parties In 2020?

For the vast majority of workers (70%), holiday parties are a no-go this year.

This isn’t new for 16% of workers, whose companies never do holiday celebrations.

While 9% are throwing parties as usual, another 6% are doing Zoom or other virtual holiday parties. Hopefully, alcohol is included– it might make all the “Is my mic on” and “You’re on mute”s more bearable.

Will workplaces use some of that extra cash to plump employees wallets? Judging from the fact that only 13% of workers expect to receive a cash money, probably not.

Yes, Employees Want Cash Bonuses Above All Else

Gift cards, Honey Baked Hams, and plaques of accomplishment are nice. But it doesn’t mean you should give it to all your employees.

If you’re looking to acknowledge your employees’ hard work, try good, old fashioned cash. It’s always the right size and color, and unlike gift cards can be spent literally everywhere.

Here’s To Happy Holidays- Even With Insufficient Time Off, Cancelled Celebrations, And No Bonuses

It’s been a rough year. Undoubtedly many workers are disappointed by cancelled celebrations and other stressors during this usually jolly time.

While for some a lack of holiday bonus might be due to financial hardships their company is suffering from Covid, for others it might just be same old, same old.

However, don’t let the disappointment bog you down. After all, if you’re sick of that Honey Baked Ham, you can always start job hunting for a place that gives out generous bonuses and other perks.

I know just the job search site to get you started. Hint: You’re already on it.

This could be the year you get the job of your dreams.

How much will you spend on Christmas gifts?

State: Label
Alabama Less than $250
Alaska $1,000-$1,499
Arizona Less than $250
Arkansas Less than $250
California Less than $250
Colorado Less than $250
Connecticut $250-$499
Delaware $250-$499
Florida Less than $250
Georgia Less than $250
Hawaii $250-$499
Idaho Less than $250
Illinois Less than $250
Indiana Less than $250
Iowa Less than $250
Kansas $250-$499
Kentucky Less than $250
Louisiana $250-$499
Maine Less than $250
Maryland Less than $250
Massachusetts Less than $250
Michigan Less than $250
Minnesota Less than $250
Mississippi Less than $250
Missouri Less than $250
Montana Less than $250
Nebraska Less than $250
Nevada Less than $250
New Hampshire Less than $250
New Jersey Less than $250
New Mexico $250-$499
New York Less than $250
North Carolina Less than $250
North Dakota $250-$499
Ohio Less than $250
Oklahoma Less than $250
Oregon Less than $250
Pennsylvania $250-$499
Rhode Island Less than $250
South Carolina Less than $250
South Dakota Less than $250
Tennessee Less than $250
Texas Less than $250
Utah Less than $250
Vermont Less than $250
Virginia Less than $250
Washington Less than $250
West Virginia $250-$499
Wisconsin Less than $250
Wyoming Less than $250

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Kathy Morris

Author

Kathy Morris

Kathy is the head of content at Zippia with a knack for engaging audiences. Prior to joining Zippia, Kathy worked at Gateway Blend growing audiences across diverse brands. She graduated from Troy University with a degree in Social Science Education.

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