Expected annual bonuses hit nine-year low: surveyLOW HOPES: Only 55.9 percent of employees surveyed expect year-end bonuses, down 67.8 percent annually and the lowest in the poll’s history, job bank yes123 saidStaff writer, with CNAEmployers expect to issue year-end bonuses equivalent to 1.11 months of wages on average, the lowest in nine years, amid the economic impact of the COVID-19 pandemic, a survey released on Monday showed. A second survey, also conducted from Nov. 25 to Wednesday last week by yes123, found that only 55.9 percent of employees polled expect to receive year-end bonuses, down sharply from 67.8 percent a year earlier. The logo and name of online job bank yes123 are pictured in Taipei in an undated photograph. Only 17.2 percent of those employees who expect to receive year-end bonuses said that the amount would increase from a year earlier. Taiwanese businesses tend to issue year-end bonuses as an incentive before the Lunar New Year holiday, which next year will be in mid-February.

Source: Taipei Times December 15, 2020 15:56 UTC