Annual bonuses may be less generous

Most Chinese employees are expected to receive a year-end bonus, but more companies are holding back on the amount, according to a report released last week by one of the country's leading human resources companies.

The 2018 Corporate Annual Bonus Payment Plan Report, released by CIIC HR Management Consulting, was based on a nationwide survey of 674 enterprises in late November. Two-thirds of them were based in big cities - Beijing, Shanghai, Guangzhou and Shenzhen.

Ninety-three percent of enterprises responding to the survey said they would give employees year-end bonuses before the Chinese New Year holiday in early February. That was slightly less than the 96 percent who said so last year.