Bulgaria -Over half of employers plan on paying Christmas bonuses to employees -November 23, 2014

Dec 7, 2014 - At 57%, more than half of the employers are planning to pay their staff Christmas bonuses this year according to a survey of the Bulgarian Industrial Capital Association (BICA). Almost three in ten employers have not decided whether they will pay such a bonus, whereas 15% said they cannot afford to do so.

At 57%, more than half of the employers are planning to pay their staff Christmas bonuses this year according to a survey of the Bulgarian Industrial Capital Association (BICA). Almost three in ten employers have not decided whether they will pay such a bonus, whereas 15% said they cannot afford to do so. In most cases, bonuses are tied to the financial results of the company. 27% of companies will give Christmas bonus payments of up to BGN 100 to their employees, 35% will pay extra sums of BGN 100-300 and 38% will hand out holiday bonuses of over BGN 300.

English: http://www.novinite.com/view_news.php?id=164946


For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

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