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Year-end bonus could be a source of unhappiness

WHITE-COLLAR workers in Shanghai were less unhappy about their year-end bonus compared with the national average as more have received the payment compared with the previous year, a survey found.

The survey found 43.5 percent respondents said they have received year-end bonus by the end of last year, up from 14.9 percent of the previous year, the online recruitment portal said in a survey covering 1,061 white collar workers in Shanghai.

On the national level, nearly 40 percent respondents said they have received the year-end bonus, up from the previous year's 13.4 percent.

An index measuring Shanghai white-collar workers' satisfaction towards year-end bonus was 2.3 on a scale of zero to five, higher than the 2.18 reading for China as a whole.

The stable growth of China's GDP and a recovery of economic momentum contributed to better year-end income for white-collars, but overall satisfaction remained low against economic uncertainties.

The survey found nearly a third of respondents in Shanghai said their year-end bonus came below 5,000 yuan, while 22 percent said they have received more than 20,000 yuan.

More than 40 percent Shanghai respondents said they will consider changing jobs because of the unsatisfactory year-end bonus.

Nationally, the survey found white-collar workers in second-tier cities, state-owned companies, and the financial sector are the most happy about their year-end bonus.


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