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Global Year-End Awards: How Many Year-End Awards Do Foreigners Get?

2014/4/1 15:12:00 15

Britain: year-end bonus is less than half of monthly salary /p >
 in England, the beginning of a year is from April to March of second. Therefore, the year-end summary, annual report and year-end bonus assessment and payment of the British government and companies are usually carried out in March. Annual year-end awards are determined according to the salary level of the year, and are generally not high. 
Data from relevant websites in Britain (P) show that in addition to top executives, investment banks and other high-income groups, the year-end awards generally received by the British in 2013 accounted for only 4%~6% of the annual salary. This means that most people in Britain can get the year-end bonus, which is only equivalent to 0.48 months' salary, so most people do not expect to rely on the bonus at the end of the year to do "big things". 
 another reason why the year-end bonus is not taken seriously is that there is also a holiday enti-tlement (holiday allowance) in the UK. In short, when each employee signs a labor contract in the UK, the contract will show that employees can enjoy 15~20 days' holiday allowance. Susan, a newly recruited British company, told reporters that her contract said she had 15 days' holiday allowance in 2013, which was rather white, because no mandatory leave was required, but it was distributed two times a year. 
 finally, the holiday allowance is generally equal or even higher than the year-end bonus. Another reason why holiday allowances are more popular than year-end awards is that year-end awards usually take a year to work. But this half month's vacation allowance can even get new recruits, and win the year-end bonus again. 
 Korea: the per capita business is about 69 thousand and 800 yuan 
 according to this week's report of East Asia daily, this year, the number of year-end awards to employees in Korean enterprises has increased over the past year. Although the real economic situation in Korea has declined, compared with last year, the bonus payments of Korean enterprises increased significantly this year, and the Spring Festival holiday was also extended over the previous years. 
 January 19th, the Korean general managers association surveyed 372 enterprises in South Korea, and 76.4% of them said they were about to pay bonuses to employees. The data is 4.1 percentage points higher than last year. 
Compared with small businesses, large enterprises are more willing to pay employee bonuses than P. In terms of the average amount of payment per person, this year is 4.3% higher than last year (1 million 181 thousand won), which is 123.2 Wan Hanyuan (69 thousand and 800 yuan). According to the size of enterprises, large enterprises are 1 million 731 thousand won (about 98 thousand yuan), and small and medium-sized enterprises are 1 million 118 thousand won (about 67 thousand yuan). But in terms of bonus growth, SMEs are higher than big ones. 
 Japan: the average per capita award of large enterprises is 50 thousand yuan .
 Japanese enterprises usually give their employees two bonuses a year, one in June, a summer bonus, and another in April, but this time is not to the employees themselves, but to the wives of the employees, which is known as the "wife bonus". Japanese enterprises believe that the wife's bonus is very important and can urge their wives to support their husbands' work better. The other is the winter bonus, which is the year-end bonus we often talk about. 
 according to the data released by Japan Federation of economic organizations, the average winter bonus of Japanese enterprises in 2013 averaged 822 thousand and 121 yen (about 50 thousand yuan), an increase of 5.79% over the previous year. However, the difference between different industries is not small. The growth rate of automobile industry is the most obvious, increasing by an average of 13% compared with the same period last year, while the other industries are almost /p.
 there is not much change. For example, the year-end bonus of TOYOTA motor in 2013 increased by 110 thousand yen over last year, reaching more than 60 thousand yuan, which is directly related to the rise of the yen's performance. 
 the phenomenon of bonus reduction has occurred in industries where raw materials depend on imports, for example, the paper industry has decreased by 5.42%, and some of them have not even made bonuses. In recent days, a small business owner has reduced his salary to a number of employees for thirty thousand yen (about 1746 yuan) year-end awards, according to a recent TV report. 
 excluding the automotive industry, the average annual bonus of other industries is 751 thousand and 561 yen (about 45000 yuan), an increase of only 0.07%. The driving effect of Abe economics, which is advocated by the media and politicians, is that if the automobile industry is chosen outside, there will be nothing left. 
Kumano Yingsheng, a well-known Japanese economist, analyzed and said: "if we study the data carefully, we can see that the gap between the rich and the poor behind the high bonus is widening". P 
 Australia: it is very satisfying to get one thousand Australian dollars. /p >
Hu Fang, Australian observer for the global Chinese broadcasting network, said that the bulk of Australia's local year-end awards are insurance companies and banks, and the amount will even be comparable to the annual salary of P. Some enterprise year-end awards account for a large proportion of employees' annual income, more than half of their annual income, and even some companies' annual bonus is two times the basic salary of employees. 
 however, not all industries will have year-end awards. Some public welfare institutions or schools and other units will not have year-end awards. So, for most Australians, if you can get a bonus of one thousand Australian dollars (5300 yuan) or even a few cards worth one hundred or two hundred Australian dollars, it will be very satisfying as the year-end bonus for 2013. 
Besides, P also has a special year-end award in Australia. The premise of winning the prize is that we must take annual leave. Australian companies believe that if employees take their annual leave, it means that he can not work overtime or get extra pay during his annual leave. Or he can not get double pay or three times salary at weekends. So the company will give a bonus similar to the British holiday allowance, which is usually 17.5% of the annual income of employees. 
 although some companies do not have year-end awards, these companies usually prepare unexpected rewards such as shopping cards, small gifts, wine and so on. There are even companies that encourage employees through year-end awards for upgrading parking spaces. 
 companies also use the "promotion" and "vacation" of the following year to replace year-end awards. Because many employees and bosses will use the end of the year to talk about the promotion next year and whether they can give more vacation next year. 
 us: Wall Street $23 billion year-end award "create the most" /p >
 since 2008, the year-end bonus is not Wall Street's own "family affairs". 
 according to Alan Johnson, chief remuneration consultant of Wall Street recently estimated that the award of Wall Street enterprises in 2013 is expected to increase by 15%. Taking into account the growth of corporate mergers and acquisitions and stock and bond underwriting revenues, the year-end bonus may eventually reach $23 billion, the highest after the financial crisis. The annual bonus of $23 billion is 340 less than that of Wall Street during its heyday in 2006. 
 100 million US dollars, although it decreased by 34%, it rose markedly compared with 20 billion US dollars in 2012. A forecast report released by Johnson Asso-ciates, a us pay consultancy, showed that Wall Street's per capita bonus could increase by 5% to 10% last year. But there will be great differences between business departments. 
 Alan Johnson, managing director of the company, said that although the year-end awards of various departments are good or bad this year, the average bonus of Wall Street executives is still considerable. In the investment bank, the directors' salaries and bonuses are about $850 thousand a year, and the salary and bonus of a vice president who is usually less than one to two of the directors is about 400 thousand dollars. 
The difference between P and Wall Street is that more Americans are faced with a poor year-end bonus in 2013. A teacher said he got a diskette at the end of 2013 prize, and some people said that their company's year-end awards were full of wine and almost all kinds of wine.