Employees seek new jobs, bonus
24/1/2006 8:30
Yan Zhen / Shanghai Daily news
About 34 percent of employees in the city have found a new job for the new
year, or plan to find one, according to a recent study by the Shanghai Labor and
Social Security Bureau. The bureau surveyed altogether 5,112 employees,
mostly working in private firms, joint ventures and foreign-invested companies,
over the past two weeks about their year-end bonuses and career plans for the
new year. About three-quarters of surveyed employees said they are expecting
a year-end cash bonus for the Chinese Lunar New Year. Most respondents said
that the reward would be about the same as last year, when bonuses ranged from
1,000 yuan (US$123) to 3,000 yuan. Only about 10 percent of those surveyed
expect the bonus to exceed 5,000 yuan, the survey said. About 76 percent of
respondents said they are willing to give up the bonus to find a better
job. The survey reported that nearly 24 percent of local employees are
actively preparing to change jobs - attending job fairs and sending out resumes
online. Another 10 percent of respondents said they have changed jobs within the
last month. A similar survey last year, found only 22 percent of respondents
were in the process of looking for a new job. The majority of respondents
said they are considering looking for a new job this year, but haven't taken any
action yet. Tao Yun, a spokesperson for the bureau, said that many people
want to change jobs because they have better access to recruitment information
resources and the job application process is becoming less complicated, thanks
to many companies recruiting online. "Thanks to the fast economic development
in recent years, the city is able to create more than 600,000 job opportunities
each year. Abundant job vacancies create the right conditions for high
mobility," said Tao. But the survey also suggested that a better corporate
culture or working environment is the biggest motivation to change jobs,
followed by a significant pay rise and interest in a different
industry.
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