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Employees want bonuses, raises
(Xinhua)
Updated: 2005-02-08 15:19

A large year-end bonus, a pay raise and a promotion are the three biggest hopes of Shanghai office workers for the Chinese Year of the Rooster, recent surveys suggest.

51job.com, China's only Nasdaq listed Web-based headhunter, polled about 3,300 white-collar employees over the Internet last month about their year-end bonus situation.

More than 56 percent of those surveyed said that they have received a year-end bonus from their bosses, but only 4 percent said they are satisfied with the size of the bonus.

About 43 percent of those surveyed said they didn't receive any bonus at all this year, and about 10 percent of those people said they are worried about their survival in the competitive job market.

"The bonus amount is closely related to individual position's competitiveness and company profit," said Xiao Nan, an analyst at 51job.com, adding that salesmen and employees in foreign-invested companies generally take home the biggest bonuses.

Employees in local privately owned enterprises do less well at this time of year, as up to 60 percent of private company employees said that they don't enjoy any bonus at the end of the year, the survey indicated.

Relatively unsatisfactory benefits, however, didn't trigger stronger job-hopping intention among local office workers, according to another New Year survey by Zhaopin.com, another leading headhunter.

Among the 1,396 respondents to that poll, the number of people who said they want to change their jobs in the New Year dropped from 34 percent last year to 22 percent this year.
"That means most people have changed from simple and rash job-hoppers to attach more importance to their complete career development planning," said Liu Hao, CEO of Zhaopin.com.



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