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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

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Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
FinanceTipping

2021 holiday tipping guide. How much should you give?

By
Chris Morris
Chris Morris
Former Contributing Writer
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By
Chris Morris
Chris Morris
Former Contributing Writer
Down Arrow Button Icon
December 1, 2021, 11:11 AM ET

The holiday tip can be a magnanimous gesture or an obligation, depending on your point of view. But it’s a chance to let service providers know you appreciate the work they’ve done for the past year. And, let’s face it, they’ve had a hellacious last year.

The question is: How much should you give? That varies by person and industry, of course, but CreditCards.com has run a survey to give you an idea of how much the people who do tip are planning to give on a national basis.

Just under half—some 45%—say they typically give higher-than-usual tips during the holidays, whether it’s to restaurant workers, hairstylists, or food delivery people. And when it comes to the generational breakdown, it’s young adults who tend to be the most generous.

Over half of Generation Z (ages 18 to 24) say they are more likely to give higher tips around the holidays (51%). Compare that with 48% of millennials (25 to 40), 43% of Gen Xers (41 to 56), and 42% of baby boomers (57 to 75).

So who’s getting what? Here’s how it breaks down.

  • Mail carrier: $20 median tip (Civil servants can’t accept cash or gift cards, but are permitted to accept a gift worth $20 or less.)
  • Trash/recycling collector: $20
  • Teacher: $25
  • Landscaper: $30
  • Childcare provider: $50
  • Housekeeper: $50

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About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

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