Santa Claus got a raise in 2024, according to Insure.com.

Based on such essential professional responsibilities as managing the workshop, caring for reindeer and global gift delivery, Jolly Old St. Nicholas earned a 5% salary increase this year, bringing his annual earnings to $178,620.

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Elana Ashanti Jefferson

Elana Ashanti Jefferson serves as ALM's PropertyCasualty360 Group Chief Editor. She is a veteran journalist and communications professional. Reach her by sending an e-mail to [email protected].

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