Sat, Dec 13, 2014 - Page 4 News List

Majority expecting to get year-end bonuses: agency

Staff writer, with CNA

About two out of every three employees expect to receive year-end bonuses, according to the results of a survey released by online human resource agency yes123.com yesterday.

Employees’ hopes that their employers would dole out year-end bonuses were raised by recent government statistics showing that companies listed in Taiwan enjoyed a 20 percent increase in earnings in the first nine months of this year, yes123.com said.

The survey found that 66.4 percent of the 1,476 respondents said they expect to receive year-end bonuses, with three-quarters of them saying they would get a bonus regardless of the company’s earnings and the other quarter saying the bonus would result from stronger earnings.

Among all respondents, 10.6 percent were pessimistic, saying they were unlikely to get a year-end bonus because their company’s performance declined this year.

The remaining employees surveyed did not expect to receive a bonus because they had just started at their companies (11.7 percent), were contract workers (6.2 percent), or did not feel they performed well (5.1 percent).

Of those employees who expect to get a year-end bonus, 33.9 percent expect to receive an amount higher than they received last year.

About 54 percent said they did not rule out the possibility of quitting if their year-end bonus failed to meet expectations, the survey found.

According to the survey, 32.2 percent of the respondents who expect to receive year-end bonuses plan to use the money for red envelopes to give to their family members and friends, and 31.2 percent said they would save their bonuses.

While 29.3 percent said they would invest the money, 26 percent said they would use it to pay debts and 20.1 percent said they would spend it on overseas travel.

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