The results are from the executive coaching firm’s online survey of 252 companies nationwide of various sizes and industries. Some key findings:
- Twenty-seven percent of employers did not plan to award a holiday bonus for 2022, up from 23 percent who reported the same in 2021.
- Twenty-nine percent of employers planned to award a non-monetary or nominal award, down from 35 percent who reported the same in 2021.
- Of the companies offering holiday bonuses, 81 percent planned to leave the value about the same as last year.
“As companies enter uncertain economic conditions, they are attempting to cut costs while still showing their current workers they are valued,” said Andrew Challenger, senior vice president of Challenger, Gray & Christmas. “Last year, employers needed to step up incentives to retain their employees, hence the increase in value of bonuses, but that situation has flipped somewhat as we enter 2023.”
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
