Close to nine in 10 Hong Kong SAR-based employees (87 per cent) are expecting to receive a bonus this year. Out of which, 73 per cent of the respondents said that they are anticipating an annual bonus of up to two months.
Natellie Sun, Managing Director of Randstad Hong Kong said, “There is no hard-and-fast rule as to how much bonus payout should be. It is the employer’s responsibility to manage expectations by having transparent discussions with their staff about how their bonuses are being calculated to come to a mutual understanding.”
While almost all of the survey respondents (97 per cent) agreed that receiving a bonus is important to their engagement with the company, 57 per cent said that it is not the only factor that will make them start considering the possibility of a job change.