Nearly half of workers did not receive bonus: survey

DISAPPOINTING::The results showed that the economic slowdown has eroded corporate earnings, according to the foundation that conducted the survey

Staff writer, with CNA

Sun, Jan 26, 2014 - Page 3

Almost 50 percent of the respondents to a recent Internet survey said they received no year-end bonuses this year, the Grassroots Influence Foundation, which conducted the survey, said yesterday.

Citing the survey, the foundation said about 50 percent of those polled said they will seek new jobs after the Lunar New Year holidays that start on Thursday and run through Feb. 4.

According to the survey, which was conducted from Jan. 16 to Thursday and received 1,099 valid responses, 46.04 percent of those polled did not receive an annual bonus, compared with the majority of 53.95 percent who did receive bonuses.

The foundation said the results show that the economic slowdown has eroded corporate earnings so that workers’ welfare has been hurt as a result.

The government has repeatedly downgraded its forecast for the nation’s economic growth for last year and the latest estimate made in late November last year was that the economy would grow 1.74 percent, a downward revision from an earlier estimate of 2.31 percent growth.

The foundation said that 49.95 percent of the respondents indicated that their bonuses were the equivalent of one to two months of salary and 2.91 percent received three to four months of salary.

The survey showed that 0.73 percent of the respondents said they received five to six months of wages, and 0.36 percent said their bonuses equaled more than seven months of salary.

According to the survey, 17.74 percent of the respondents will seek new jobs after the Lunar New Year holidays, and 29.30 percent were thinking about quitting.

The foundation said the results show that many workers are dissatisfied with their jobs, adding that the government should come up with measures to boost the economy to improve the job market and benefit the workforce.