Some 39.7 percent of employees received bonuses from their job in 2024, according to the most recent data from payroll firm ADP. The average bonus amount was $1,786, and that figure rose 1.3 percent for employees who were at the same company for at least 12 months.
While it’s tempting to splurge on something you’ve had your eye on, personal finance experts point out that holding off on a purchase and finding smarter ways to use the money can boost a bonus’s value beyond the number on your paycheck.
