Here's why you should spend that Christmas bonus 'gift card' fast and in full
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Here's why you should spend that Christmas bonus 'gift card' fast and in full
"Everyone likes to have their work appreciated, but not if it leads to a nasty surprise in January's pay slip"
"2025 is nearly at a close. You can almost smell the final pay cheque of the year and you're certainly looking forward to letting your hair down at the Christmas party. You've worked hard, so it's also an opportunity for employers to say a little extra "thank you" for the last 12 months."
Year-end is approaching, and employees anticipate the final pay cheque along with seasonal celebrations. Many workers welcome recognition and extra payments from employers as a thank-you for the year's efforts. The prospect of bonuses or one-off payments can boost morale ahead of Christmas parties. However, employees also fear that extra payments could trigger unexpected deductions, taxes, or changes that cause a disappointing reduction on the January pay slip. Clear communication about how bonuses are paid and how they affect net pay helps prevent surprises and preserves the positive intent of year-end rewards.
Read at Independent
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