13th month pay or Chinese New Year Bonus?

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  1. #1

    Join Date
    Sep 2007
    Location
    Hunghom
    Posts
    136

    13th month pay or Chinese New Year Bonus?

    Is it the same. Big companies don't give 13th month pay.. I am not sure if they give the Chines New Year bonus.. specially because of the financial crisis...any comments?


  2. #2

    Join Date
    May 2005
    Location
    Sham Tseng
    Posts
    1,377

    neither is mandatory by law... although some people do think it is.
    some companies don't give anything
    some companies give one or the other
    some only give give one or the other to a selected few
    some companies will give 13 months to all employees then for a selected few give an additional bonus
    some give candy or some sort of small token gift of "thanks" and recognition

    Last edited by Alby; 11-01-2009 at 12:21 PM.

  3. #3

    Join Date
    Jun 2006
    Posts
    2,161

    It's pretty common and it will be mentioned in your contract and when you join. Rather bogus being called a bonus as it's completely unrelated to personal or company bonus, but maybe some great companies use bad times as an excuse to pull it.


  4. #4

    Join Date
    Oct 2008
    Posts
    254

    If you are on a contract, then check your contract cause you may have a contract gratuity bonus (which is basically a guranteed bonus - usually a extra months pay). If you are permanent stafff, then bonus is up to company, some will give and some won't...depends on the boss.