Employers are closing out 2014 on a generosity roll, according to a survey of holiday plans and practices by Bloomberg/BNA. They're not only giving more time off, but many are planning to party, exchange gifts and donate to charitable causes.

Employers were clearly feeling more generous this year around Thanksgiving, when aBloomberg/BNA survey done before the holiday reported that 74 percent of employers who required folks to work on Turkey Day offered them extra compensation of some type. That compared to the 55 percent in last year's study who said they offered added perks for those who worked on Thanksgiving.

The streak of generosity showed up in the Christmas/New Year's Bloomberg/BNA survey when employers were asked how many paid days off their employees would receive this year around Christmas and New Year's. More than six in 10 reported they have planned for three or more days. That's up from 52 percent offering three or more paid days last year and the prior year.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dan Cook

Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.