Thursday, November 5, 2009

It's Bonus Time...Or Is It?


“Hopes of getting a year-end bonus for civil servants were dashed as the Prime Minister is of the view that it is morally wrong for Cuepacs to make such a request when the Government is making efforts to ride out of the global economic crisis.”
(thestar.com.my)

Civil servants got their answer loud and clear. No bonus equals to a lot of things to many people – it can mean no holiday that you’ve planned some time ago, no I-Phone that you had been eyeing all these while, no year-end party and to some, it basically boils down to deep sighs and making quick plans to ensure enough money is saved to get the necessities for children’s new school next year.

For the private sector and those that do not have a “contractual bonus” in the contract, there is a lot of guessing game going on and different people will be thinking different things…

Employees…
I hope they won't cut the bonus even though business has been slow...(praying hard….)

Employers…
I hope they know that the company is not doing that well this year, and should not expect any bonus.

Recruiters…
It’s the time of the year again…everyone does not want to leave their jobs until they get their bonus…

What about you?

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