Posted 1/18/2024, 6:35:00 PM
U.S. Bonuses Drop 21% in 2022, Tech Sector Proves Most Resilient
- Bonuses paid by U.S. firms in December 2022 averaged $2,145, a 21% drop from the prior year
- Bonuses fell across every industry, with transportation seeing the biggest decline at 36%
- Fewer workers received bonuses in 2022, with a 2.7% average decline in recipients
- The tech sector proved most resilient, with bonuses falling just 3.8% year-over-year
- Data signals easing labor market pressure and optimism for tech company prospects in 2024