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January 24, 2011

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Stingy bonuses rile staff

TWO thirds of workers are less prepared to put up with stingy bonuses this year, according to a survey by Shanghai Daily and Touchmedia.

The poll sampled 208,000 passengers in taxis in Shanghai, Beijing, Guangzhou and Shenzhen.

More than half of respondents expected a year-end bonus, while another 26 percent were hoping for one.

But 68.2 percent of those surveyed said they were unwilling to accept low bonuses, as the cost of living has been increasing rapidly.

Some 18 percent said they would resign immediately if their bonus was substantially below their expectations, while half answered they would bide their time but start looking for a new job.

Only 31.8 percent would put up with the job, reasoning that it was all the same whoever the employer was.

Cash is still the most common form year-end bonuses take, with 60 percent of respondents expecting to receive money.

Vacations were the next most popular option, while least desirable was "some kind of expense card," according to the survey.

Another prominent concern is promotion. Some 44.6 percent of respondents said they hadn't received promotion in salary or title last year.

And when asked what type of employment they saw as most desirable, the largest group - 31.8 percent - wanted to be self employed.




 

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