What are some of the interesting articles about the new Chinese Labor Contract Law?
FYI Bosses Offer More Bonuses to Entice Workers to Stay on 2008-01-18 10:23:59 Shanghai Daily Employees at two-thirds of multinational companies on the Chinese mainland can expect year-end bonuses to rise at least 10 percent this year, a human resources report released yesterday revealed. The figures were released amid revelations that many employees were dissatisfied with wages and bonuses, with 10 percent quitting their jobs. Hudson Recruitment, a Nasdaq-listed international headhunting firm, surveyed 737 multinational companies on the mainland, mostly based in Shanghai, about their hiring intentions, year-end bonuses, salary and turnover in the first quarter. Across all sectors, 66 percent of employers surveyed said they were planning to pay a year-end bonus of 10 percent more than that of last year. The consumer sector turned out to lead the year-end bonus list with 78 percent of respondents saying they would pay more than 10 percent. But the report didn’t provide an average year-e