'Tis the holiday season, and that means vacation time, holiday parties and, the most loaded perk, holiday bonuses. But before spending your bonus, find out how much you'll really receive after taxes are withheld.
Some organizations have already converted salary increases to bonus payments. But quite a few are still procrastinating, perhaps with the hope that inflation will give them more of a chance to give larger pay increases that are based on performance.
It is that mythical time of the year where businesses start trying to spread holiday cheer. In many cases, this is a pretty picture replete with one-time bonuses and upbeat messages. In other cases, this is another wonderful example of corporate hype.