Most 'unhappy with bonuses'
Most employees were unhappy with their bonus last year, according to a recent study by Jobstreet.com, an online recruitment website.
According to the firm's bonus satisfaction survey of 427 employers and 2,714 employees, 32 per cent of employers paid a bonus of one to two months while 21 per cent paid no more than one month and 10.3 per cent did not pay any bonus for 2012.
About 37.7 per cent of employees were dissatisfied with their bonus as the amount received was not sufficient to cover expenses incurred.
Compared with bonuses in 2011, 21 per cent of employers paid more while 23.7 per cent paid less and 37.7 per cent paid the same.
About 37 per cent of employees said they will deposit their bonus, but this was reduced from 48 per cent in 2011. Using their bonus to repay debts was reported by 23 per cent and investment by 12 per cent.
"From the result of the survey, we can conclude that most employees got a bonus equal to or less than last year because of the economic crisis and major flood crisis. There was a big challenge for companies to find a strategy for employee retention.
"At the same time, employees should develop their competency to overcome the difficulties," |country manager Tanaporn Satitpunwaycha said yesterday.