With Lunar New Year less than a week away, it’s the peak season for companies to pay employees their bonuses. Human Resources took a look at the biggest winners and losers of the year in the bonus field.
Centaline Property Agency is being really generous, offering a staff bonus of at least 2.5 months of salary. Supervisors can earn up to 3.77 months.
Fellow property agent Midland Holding announced a bonus of 1.75 month of salary for employees, and on average staff will receive a 4% pay raise.
Retailer Yata rewarded employees with a bonus of one month’s salary, with some high-flyers eligible for up to two months.
For the hospitality sector, The Royal Garden planned to offer bonus worth 2.7 months of salary. EGL Holdings Co has given employees a year-end bonus worth between one to one and half month’s salary.
At Galaxy Entertainment Group, senior managers and other eligible staff are to receive a bonus worth 1.1 month of salary.
Despite recent financial struggles, Cathay Pacific handed out bonuses worth one month of salary to staff.
Encountering drop in attendance, the city’s two biggest theme parks were conservative when rewarding employees. Hong Kong Disneyland gave eligible staff a bonus of between 30% to 50% of their monthly salary. Ocean Park has decided not to offer a bonus.
Most people would agree that getting even a small bonus is better than nothing, but a disgruntled employee from Sing Tao News Corporation disagrees.
He was so frustrated with the HK$3,000 he received that he posted on Heawork tumblr, saying he wanted to throw the money back at the company in one dollar coins.
ALSO READ: 40% would change jobs over year-end bonus
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This article was first published in Human Resources Online Bulletin and is reproduced with permission. Original article can be found at http://www.humanresourcesonline.net