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Nearly half of white collars may quit over year-end bonus

2015-02-03 08:20 chinadaily.com.cn Web Editor: Qin Dexing

More than 40 percent of white-collar workers are considering quitting their jobs due to disappointment at their year-end bonus, with 18.6 percent saying it a decisive factor, China Youth Daily reported.

Leading Chinese job seeking website Zhaopin.com carried out a survey of year-end bonuses with 10,151 questionnaires returned.

Some 15.8 percent of respondents have received a bonus, 23 percent are promised one and 61.2 percent may receive nothing, the survey revealed.

Workers in the energy, minerals and environmental protection sectors can expect an average bonus of 24,000 yuan ($3,834), while the finance industry and state bodies are likely to be rewarded with 20,000 yuan.

Real estate and the construction industry, which showed a downtrend last year, could get 12,000 yuan and the service industry stays bottom with 7,000 yuan.

The survey also found that the average bonus grows with length of service.

Those who have worked for more than 10 years gain an average 28,000 yuan, while those who have worked for less than three years see no difference, making three years the starting point for receiving a bonus.

Most respondents consider the bonus "important" or "very important".

The importance index gets a high mark of 3.8 points (full mark is 5) when workers evaluate their compensation benefit, while its satisfaction index for 2014 only stands at 2.23. That means although workers have a high expectation of a bonus they are not satisfied with it.

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