Mon, Jan 10, 2011 - Page 2 News List

Many not expecting annual bonus

GETTING BETTER:From January to September last year, the average monthly salary was NT$45,471, an increase of 6.44 percent on the same period in 2009

By Shelley Huang  /  Staff Reporter

High-tech companies may boast that they will be handing out fat year-end bonuses to their employees, but for a large share of the nation’s workers, the expectation is that they will not be getting any bonus this year, a survey by the Council of Labor Affairs’ online job bank showed.

The weeks prior to the Lunar New Year holiday are traditionally a time when office workers look forward to bonuses and cash rewards. Many employees from the high-tech and financial sectors, especially those in the sales department, expect to receive fat year-end bonuses this year.

However, the rest do not sound as enthusiastic about the likelihood of their being showered with such generosity from their employers.

An online survey of 4,583 office workers conducted last month by eJob, the council’s official online job bank, showed that 48 percent, or 2,201 workers, did not expect to receive a year-end bonus this year.

Meanwhile, 45 percent, or 2,041 respondents, said they expected their year-end bonus to represent up to five months’ salary, if not more.

A little more than 4 percent, or 197 respondents, said they expected their bonus to be less than one month’s salary, while 2.4 percent, or 110 respondents, expected their bonus to represent between one and two months’ salary, the survey showed.

The large difference between salary and bonus expectations could be a factor in workers’ decision to switch jobs during or after the Lunar New Year, said Hu Yu-chen (胡玉珍), a manager at the online job bank.

Another survey by eJob conducted in November with 5,080 office workers showed that 47.13 percent, or 2,394 respondents, listed salary as the most important factor influencing their career decisions.

Next in line when considering multiple job offers were job benefits at 34.76 percent, followed by better working hours at 5.28 percent and the proximity of the office/workplace to their homes at 4.76 percent. A little less than 3 percent said they were satisfied with their current job and had no plan to look elsewhere.

Citing statistics from the -Directorate-General of Budget, Accounting and Statistics, Hu said that from January to September last year, the average monthly salary was NT$45,471, a 6.44 percent increase from the same period in 2009.

“The impact of the economic recovery has gradually been shown in the upward trend in terms of salaries,” Hu said. “Workers who hope to find jobs with better salary packages would be wise to take advantage of the wave of job switches after the Lunar New Year.”

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