Jane Chen/ Shanghai Daily news
Close to half (47 percent) of working people in Shanghai expect rises in
their year-end bonuses and a higher proportion (52 percent) expect rises in next
year's bonuses, according to a recent survey and as reported in today's Oriental
Morning Post.
The Shanghai-based newspaper joined with a local
market-consulting firm, Shanghai Searchina Information Consulting Co., Ltd, to
conduct the survey of 460 employees.
Female respondents numbered 239 and
males 221. Up to 90 percent of the respondents were between the age of 18 and
37, and were drawn mainly from the manufacturing (23 percent), information
technology (16 percent) and trade (14 percent) sectors.
Many, or 60 percent,
were working in lower-level positions, and nearly a third, or 32 percent, were
departmental managers or supervisors. Only 7 percent were in senior
positions.
The income-range of the largest proportion of respondents was
between 2,001 yuan (US$248) and 3,000 yuan a month, accounting for 35 percent of
the total.
As the survey shows, Shanghai's corporations give year-end bonuses
most often in cash (81 percent) and occasionally in other ways such as training
and travel (2 percent). Companies offering elements of both accounted for 17
percent.
About 35 percent of respondents expect their bonus to be between
2,001 and 3,000 yuan, while 26 percent are expecting below 2,000 yuan. Only 10
percent expect over 10,0001 yuan and 16 percent between 4,001 and 6,000 yuan.
The sums may disappoint, however, as the average expected, at 3,491 yuan, is
around 400 yuan less than the average of 3,929 yuan which the respondents felt
they deserved.
Despite the gap, only 13 percent of them say they will think
about changing jobs if their bonus falls short of their expectations.
Nearly
half, or 47 percent, say they will stay where they are but that their enthusiasm
for work will be diminished.