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Feb 2, 2009 · At the turn of the 20th century, U.S. employers began substituting the traditional 19th century Christmas offerings to employees — turkeys, watches, candy or gold coins — with a cash bonus. Dec 21, 2023 · These are on a list of benefits that qualify for the £10 Christmas bonus, a one-off tax free payment paid into the bank accounts of millions of people in the UK in December, to help cover the cost... Dec 16, 2024 · The Christmas bonus is worth just £10 and is paid to people claiming certain benefits such as Attendance Allowance, Pension Credit and Personal Independence Payment Nov 21, 2016 · In 1902, J. P. Morgan & Co. ushered in big money bonuses by giving each employee a full-year’s salary as a Christmas present. Going forward, gifts of cash became increasingly standard and calculated as a percentage of wages. Oct 2, 2020 · There have been calls for the bonus, introduced almost 50 years ago, to increase in line with inflation, making it a more meaningful payment. But others ask why all pensioners should... In Italy, the thirteenth-month bonus was initially named ' gratifica natalizia ' ("Christmas bonus"), and was a customary, but not obligatory, bonus given by employers to their employees before the Christmastide. Dec 12, 2023 · The concept of a Christmas bonus can be traced back to the 19th century, coinciding with the Industrial Revolution. This era saw a significant shift in work practices and employer-employee relationships. Before this period, the majority of workers were employed in agriculture or small-scale crafts. Dec 29, 2011 · At the turn of the 20th century, U.S. employers began substituting the traditional 19th century Christmas offerings to employees — turkeys, watches, candy or gold coins — with a cash bonus. Although the Christmas bonus began as a voluntary gift, it evolved into an expected increase in one's December salary. By the late nineteenth century many American employers had adopted the custom of distributing Christmas bonuses among their workers.

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