Half of polled get no year-end bonuses: survey
January 26, 2014, 12:01 am TWN
TAIPEI, Taiwan -- Almost 50 percent of the respondents to a recent Internet survey said they received no year-end bonuses this year, the Grassroots Influence Foundation, which conducted the survey, said Saturday.
Citing the survey, the foundation said about 50 percent of those polled said they will seek new jobs after the Lunar New Year holiday that will start Jan. 30 and run through Feb. 4.
According to the survey, which was conducted Jan. 16-23 and received 1,099 valid responses, 46.04 percent of those polled did not receive any annual bonuses, compared with the majority of 53.95 percent who did recieve bonuses.
The foundation said the results show that the economic slowdown has eroded corporate earnings so that workers' welfare has been hurt accordingly.
The government has repeatedly downgraded its forecast for Taiwan's economic growth for 2013 and the latest estimate made in late November was that the economy will grow 1.74 percent, a downward revision from an earlier estimate of 2.31 percent growth.
The foundation said that 49.95 percent of respondents said their bonuses were the equivalent of one to two months of salary and 2.91 percent received three to four months of salary.
The survey shows that 0.73 percent of respondents said they received five to six months of wages, and 0.36 percent said their bonuses equaled more than seven months of salary