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Bosses ply staff with expensive CNY gifts

besotted

Alfrescian
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in China lah...

in Singapore, only rare boss like me and only to PRC talent, not Westernised local who complain about this and that, but I lan lan need them for my dependency ratio



http://business.asiaone.com/Business/News/Office/Story/A1Story20110119-258992.html

Wed, Jan 19, 2011
The Star/Asia News Network


China bosses ply staff with expensive CNY gifts

HOUSES, Mercedes Benz cars, diamonds, gold, iPhone and iPad are among the expensive Chinese New Year gifts that employers in China give to their staff, reported Sin Chew Daily.


The paper said many workers in China would be having a prosperous year as their employers are being very generous in their gifts.

It is learnt that renowned Chinese director Zhang Yi Mou would be buying for each of his permanent staff a new house while the producer of Chinese movie Let the Bullets Fly would present each of his staff a Smart Car.


The daily reported that a company in Ningbo had rewarded its top staff with 40 Mercedes Benzs and BMWs.

Many banks, brokerage and real estate companies are giving away more than one million yuan (around S$195,300) to each of their staff, the paper reported. Others, like free overseas holiday packages and boxes of sanitary pads are also in the gift list.

In Zhejiang province, the daily reported that close to 80% of the companies were distributing cash in the equivalent of RM5,000 to RM15,000 (S$2,104 to S$6,314) to each of their staff.

A total of 64% employees say they will leave their current jobs if their companies do not reward them with gifts or cash before the Chinese New Year, said the paper.

However, in Guangdong province, the reward given out to each employee is an average of RM2,080 (S$875) and 70% of the employees there did not receive any reward.
 
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