Many workers plan to quit after cashing their year-end bonus checks

"A majority of those expecting a holiday bonus this year are planning to check out once the check clears. According to a recent survey of 2,000 American workers by AI job application assistant JobHire AI, 59% are "maybe" or "definitely" expecting a bonus this year. Among them, 48% are already job hunting or planning to quit after their bonus is paid, and another 20% are considering leaving in the new year."

"According to the survey, 27% of workers say their annual bonus is "essential" for their household finances and another 42% say it "helps a lot." "The survey highlighted that something that was previously used as a retention tool became more like a way to delay resignations," says JobHire AI's CEO Artem Zakharov. "Workers have come to view the bonus as a financial lifeline, but not a reason to stay.""

59% of 2,000 American workers said they are maybe or definitely expecting a holiday bonus this year. Among those expecting bonuses, 48% are already job hunting or planning to quit after the bonus is paid, and 20% are considering leaving in the new year. Twenty-seven percent call their annual bonus essential for household finances and 42% say it helps a lot. Many workers have become financially dependent on year-end bonuses and often delay resignations until after payment. Overall, 68% admit to having stayed at a job longer than they wanted to collect a bonus, and many plan to repeat that behavior.

Read at Fast Company