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As if 2016 hadn't been hard enough for China's workforce, a yearly survey has revealed that more than half of the country's white-collar employees got no year-end bonus ahead of the upcoming and costly lunar(农历的) New Year holiday. The survey of 11,500 workers by Chinese employment agency Zhaopin found that 50.9 per cent did not get an annual bonus at the end of 2016. Another 9.6 percent were told their bonuses had been delayed until after the New Year holiday.
Before the slowdown that began in 2014, employers in China had been less ungenerous with cash bonuses, which can total well over a full month's pay and send employees back home for the holiday with plenty of cash for gifts to elders and other family members or to put away as savings. The impact of weak growth on year-end bonuses may have reached the highest point in 2015, however, when 66 per cent of white-collar workers received no year-end bonuses. And the 2016 level actually represents an improvement from 2014, when 61 per cent had to go without.
But that recovery has also seen the size of bonuses drop: last year the average bonus was Rmb 12,821（$1,861）, about Rmb 2,000 more than that in 2015 but still about Rmb800 below the 2014 average. More than a quarter of those surveyed who saw their bonuses drop last year blamed the drop on poor company performance.
Differences among the 34 cities surveyed were still greater, as the average bonus of over Rmb 15,800 in Beijing was more than three times than that in the lowest-paying city of Shenyang. Employees of state-owned firms also expressed more satisfaction with their bonuses than those at private companies — and little wonder, as the average bonus at the former was Rmb 17,318, or about Rmb 6,000 more than what private companies' employees could expect.
But the impact of companies' stinginess(吝啬) can go beyond simply ruining employees' New Year holiday, possibly coming back to affect employers: 39 percent of respondents said they would look for work elsewhere if their year-end bonus was not returned to normal, an increase of 2.3 Percentage points from 2015.
