BUSINESS Expired calendars, condoms among oddest year-end bonuses

BUSINESS

Expired calendars, condoms among oddest year-end bonuses

Global Times

07:26, January 16, 2020

200115-6.jpeg

Year-end bonuses are usually linked with employees' performance as well as the total profits a company managed to make in a business year. (Photo: Global Times)

Seeds, fitness classes, condoms and expired calendars are the among the strangest year-end bonuses that white-collar workers in China have received during Spring Festival, according to a new survey.

The survey, conducted by Zhilian Zhaopin, one of China's top job-hunting websites, showcased its respondents' weirdest year-end bonuses. Some said they have also received certificates of merit, stocks that could be sold after 10 years or hammers as their year-end bonus, items that they found "extremely confusing." 

According to the survey, only 33.3 percent of white-collar workers will receive a 2019 year-end bonus, compared with 66.1 percent in 2017 and 55.17 percent in 2018. 

In the survey, 15.3 percent of white-collar workers said they were "not sure" about their annual bonus, and 40 percent were sure that they would not get it this year, twice as much as that of last year. 

Cash still topped the list of year-end bonuses expected by white-collar workers, followed by big items like houses, cars and stock options.

The legal sector still offers the highest bonus level, with an average year-end bonus amount of 14,833 yuan ($2,153). 

Meanwhile, the average expected 2019 year-end bonus for male white-collar workers is 10,922 yuan, 45 percent higher than for women. The gap has widened further this year. 

As an important decision-making factor in job selection, the year-end bonus is also an important factor in the decision to quit, with 38 percent of white-collar workers saying they would jump ship because of a bad year-end bonus.


Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue