Published December 14, 2012
While nearly a quarter of employees will receive holiday gifts from co-workers this year, they probably shouldn’t be holding their breath for a present they've been dreaming of, new research shows.
Among the other memorable gifts:
Overall, more than 80 percent of the workers planning to give gifts are prepared to spend $25 on each holiday present they buy for the office, while 38 percent expect to spend $10 or less. Ten percent of employees will go the cheap route, spending less than $5 on each present.
While employees might not expect much from colleagues, things are looking up when it comes to employers. More than 35 percent of companies plan to give holiday gifts to staff members this year, up from 30 percent in 2011 and 2010, while 46 percent will give out year-end bonuses, an increase of 13 percentage points since 2010.
The study was based on surveys of 2,494 hiring managers and human resource professionals and 3,976 workers across a variety of industries and company sizes.