More Americans Will Tip This Holiday Season, But Chances Are Less Than In The Past: The Hill

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A new Bankrate.com survey found that more US adults planned to tip during the holidays this year. But chances are those councils will be smaller than in years past. Tippers may be less generous this holiday season as inflation drives up the price of gas, food and rent.

More nannies, housekeepers, tutors and gardeners are likely to receive annual tips this holiday season, but year-end bonuses could be lower than expected thanks to inflation.

A new Bankrate.com survey of 2,425 people found that 54 percent of U.S. adults said they were likely to tip higher-than-usual tips during the December holidays this year to workers who normally receive tips year-round, such as waiters, bartenders, baristas, and food delivery people.

Another 21 percent said they are “very likely” to tip more than in previous years, in addition to 33 percent who said they are “somewhat likely” to tip service workers more this year.

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Last year, just 47 percent of respondents said they would tip their housekeeper and another 41 percent said they would tip a child care provider.

However, this year, 56 percent of respondents said they planned to tip a housekeeper this holiday season and 49 percent said they would tip a babysitter, babysitter or other child care providers.

In a similar Bankrate.com survey conducted last year, 41 percent of respondents said they would tip a teacher on vacation and another 36 and 27 percent said they would tip a landscaper or mail carrier annually. , respectively.

Even fewer said they would tip a garbage collector, with just 19 percent of American adults who participated in the survey committing to giving a Christmas tip to someone who collects their garbage.

This year, however, those numbers are all up, with the number of adults who pledged to tip a teacher, landscaper, mail carrier or garbage collector skyrocketing to 51, 41, 31 and 22 percent, respectively, according to the survey.

But the average tip for service providers who routinely tip once a year at Christmas, Channukah or New Years is likely to be lower than in previous years, according to the survey.

Dump trucks will be more careful with their money this holiday season, in part because inflation has pushed up the price of gas, rent and food this year. US inflation hit a 40-year high in June after the price of consumer goods soared 9.1 percent compared with the same period last year.

In 2021, the average year-end tip for homemakers and child care providers was $50. Meanwhile, the average tip for landscapers and teachers last year was $30 and $25 respectively.

But this holiday season, the average tip for stay-at-home moms and child care workers will be around $40 and $25, respectively, according to the survey. And the median amount of money that dumpers will give to landscapers and teachers this year is $25 and $20.

The average tip for mail carriers and garbage collectors will remain at $20 this year, the same as in 2021, according to the survey.

“I know money is tight for many households right now due to high inflation and rising interest rates, but if you can afford it, I think it’s a good idea to tip generously around the holidays,” said Ted Rossman, analyst Industry leader for Bankrate.com.

“Consider that sometimes it is more discreet to give a gift card instead of cash. Some companies, such as FedEx and UPS, disapprove of their employees accepting tips, but recognize that gift baskets with snacks and soft drinks are welcome tokens of appreciation.”

Source: news.google.com