Ran Caijing (ID: rancaijing) original
Author | Tang Yahua Jin Yan Su Qi Kong Mingming Meng Yana Yan Lijiao
Edit | 周 昶 帆
“The shopping carts are ready, the boss does not issue the year-end award”, “XX company’s year-end award has issued a hammer, really ‘send a hammer'”, the Spring Festival is approaching, most people on social platforms are most concerned about the year-end Is the prize right?
But in the cold winter of capital, where the tide of closures and layoffs are intensifying, the good news doesn’t seem to be much. The year-end awards, from “sunshine” to the privileges of a few people, have finally become “others’ homes.”
The statistical analysis of the 2019 year-end award survey data released by Zhilian Recruitment shows that the satisfaction rate of white-collar year-end awards in 2019 is a record low, with a perfect score of 5 and the satisfaction index is 2.24, and only 30% of white-collar workers can get year-end awards. The data for the year and 2018 are 66.1% and 55.17% respectively. The proportion of white-collar workers who can get year-end awards has continued to decline, with an average level of 9,547 yuan.
Many people have said, “In terms of picking the door, the boss never disappoints.” When using a word to describe the year-end award, the most are none, pull, pit, and decline, and only 8.9% use it. It’s cool, 1.5% of people are nagging.
In this issue of the tavern, Ran Caijing talked with 7 practitioners about their year-end awards. Some of them are treated because the year-end awards are too few, and some are reluctant to accept the awards after the year. Some are dizzy by the company’s wonderful rules, and others are declining all the way, and are disappointed with the company.
In fact, the year-end award is not only a tool for adjusting employee compensation, but also a manifestation of the founder’s attitude. It is also a direction indicator for the next year’s work and a microcosm of the company’s development. Today, let’s hear the story of the year-end awards of these people.
With such a year-end award, it wo n’t work without “Buddha”
Yuan Cheng 27-year-old portal content editor
I’m not as tired as others, so carefree, our company is not as deep as some companies’ routines-some loss-making companies tell their employees that year-end awards are adjusted according to corporate profitability; 80% of the salary is usually paid.The remaining 20% will be distributed in the form of performance at the end of the year.
How much “Buddha” I have, I ca n’t believe it when I say it. Since I graduated from this company, I have been internship and regularization, and now it is 6 years now. When I was young and ignorant, I didn’t feel comfortable talking about it. The renewal of the mid-way sign was the time of the company’s three consecutive rounds of layoffs. I was scared to say so. In fact, regardless of the question, the year-end awards of Dachang should be issued.
Why am I so Buddha? Because the year-end, I am a senior for more than 5 years, the year-end award is only 4,000 yuan, you can understand it as “festival fees.” When you hear how much the money is, you know why I am Buddha and why the company has no routine, because there is no good routine for this money.
It ’s not just me, our entire group, or even our company. For example, if there is a quarterly bonus, the leader knows in advance that he will only tell us in advance that “there may be a bonus this month”, and we will listen to it. We will never inquire about it or discuss it in private. why? Because our department is not valued, few people can get double A performance, usually A or B, the company appraisal title upgrade, and rarely give us departmental quota. Why is the company “Buddha”? Because our industry is stagnant, our company has already been marginalized in the Internet circle.
I live in my own home without renting a house. Although I already have children, the pressure is not great. I do n’t have to work overtime, I have plenty of time, and I can take care of my family. My requirement for work income is that it can be synchronized with the CPI (Consumer Price Index).
I had a casual meal with my colleague on the night of finishing the year-end award
Xiao Bai, 27, Partner, Consulting Company
I work for a small consulting company. In 2016, the original boss went out and started a business, and the business was two partners. Next, I joined the team at that time. The team was small and there were more than ten people.
The two partners are particularly good sisters. Sometimes financially, they can be said to be “somewhat big”. In fact, their own wages are not so high. I once heard them chatting with finances and said that at the end of the year, I would pay everyone how much money the company has left. The finances were in a hurry, saying that they had to keep doing business next year.
Our overall business revenue is limited, and everyone is doing very hard. In 2019, the core team has some losses, catching up with the economic downturn, and hiring cannot be recruited. The partners decided in JulyThe team was disbanded, and this was the end of the year.
I have been in this company since I graduated, and the year-end awards are rising every year. In the first year, I was still an intern and gave me an extra month of internship salary. The next year I was paid 7,000 yuan, and 10,000 yuan was awarded at the end of the year. In the third year, my salary rose to 9,000 yuan, and the year-end bonus was 20,000.
My evaluation of the year-end award is not to look at the final quantity, but to look at the changes in each year, and to see my growth in it and the degree of recognition the boss has given me. From this point of view, I am quite satisfied with the changes I have made in the past few years.
In the summer of 2019, because of the good business performance, the core project of the team was basically handled by me, so I was promoted to a partner, and I shared some shares. I did not expect that the company was going to dissolve after a few months. In fact, at that time None of my share agreements have been signed, but the partners still gave me a year-end bonus, which promised me about half a year’s salary. 2019 just happened to catch up with me when I wanted to buy a house in my hometown. It was also an important plan in my life. This money came in handy and I was lucky.
After we got the year-end award, we had a casual meal that night. Everyone at the dinner table also distributed 1,000 red envelopes. Everyone exchanged gifts carefully. Colleagues have such feelings.
At the second review, my year-end award is higher every year. I can also say that the degree to which I have done something in the team is “not me”, which is also a way for the boss to be sure of me.
If I go to interview other companies now, I won’t ask individually what the year-end bonus is, but I will evaluate the overall level of salary. For example, a company has a salary of 16 and I can calculate the average level of my salary without mentioning the year-end bonus. The year-end award is just a name. Except for the money-making departments like Tencent Games, most people don’t expect to raise their entire income level with only one year-end award.
How much you get for the year-end award depends on the effectiveness of the company and the value you create, and how much your boss recognizes you. As for whether it is a year-end award or something else, I don’t really care. In a way, the year-end awards are not the employees but the bosses.
The growth of the company is more important than the year-end award
Zhou Xi, 29 years old film and television company employee
The company does not have a year-end award this year, because the company’s overall efficiency this year is not very good, and the total KPI has not been completed. The leader said that there will be some bonuses after the year, but he still doesn’t know how to pay them.
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I’m responsible for revenue. I usually get commission when I go out to talk about business. I don’t care about year-end awards. In the past few years, my work experience has been quite ups and downs, and I’m always swapping them, so I haven’t got much serious year-end awards. I took it once when I joined the job, but at that time the salary was low, the monthly salary was 5,000 yuan, and the year-end award was also 5,000 yuan.
Looking for a job in the past few years will not only consider the overall situation of the company, but also consider whether it will help your business. Although salary is a very important part, it is not the most important part. The most important thing is whether I can grow in this job and whether the founder really approved me.
I stayed at this company for more than a year. I was an old leader of the previous company. Because the previous company encountered some accidents, it was too chaotic and turbulent, so he chose to start a business by himself and pulled some old employees.
I also thought about leaving this company, but the entertainment market has been too sluggish in the past two years. Many companies have not been doing well, and the pits of big companies are full. I do n’t know where to go. Besides, the current founder Comparing to me, we have been thinking of various ways to generate income this year, and everyone is growing in the process.
I will be 30 years old next year. I have been in Beijing for more than 5 years and still have n’t achieved great results. Watching peers getting promoted and raised will also be self-doubt and frustration. Sometimes I want to go home and find a job, but I am not reconciled. After all, I came to Beijing to enter the entertainment industry. I think the economic winter of 2019 is a good thing, because it allows people to see themselves more truly.
In growing companies, I will pay more attention to the growth and development of the company, because the benefits and risks that you gain in a small company coexist; last year I have spent a lot of time combing my career growth path, this year also Will continue to look at opportunities, if you go to a large company to find a job will pay more attention to actual salary and year-end rewards.
In order to reduce the churn rate, the company won the year-end award after the end of the year.
South-South 28-year-old Internet marketing company service
Our company’s year-end awards are issued after the end of the year, with only one month’s salary. I didn’t have a year-end award in a public institution before. A bag of rice and a barrel of oil came to this company to start receiving the year-end award.
Although our year-end awards are linked to KPIs, our standards for KPIs are “incomplete if they are not good,” so it is generally not possible to complete them. It turns out that this will not affect our year-end awards.
Our company alsoRaising funds within the staff, the efficiency of the gambling company is divided into several levels, the last one is issued at 10% of annualized income, in fact, it earns more than ordinary financial management. However, it will take a year to get it. It is not necessarily the case that people are present. It may be optimized within one year.
I think the company does not issue year-end awards until the end of the year, which is to reduce the churn rate. My ideal time period is before the Spring Festival. After all, we are a company that does not even put paper in the bathroom, so I can understand it in April. It can be a conscience. However, this form of distribution will not retain people. If it is me, I will leave immediately after I have experience and qualifications and a higher salary. It is not a problem to get a year-end award.
Last year-end awards are still spent. Last year, I spent money fiercely, and basically I could n’t decide where to go. But the year-end award will be issued next year, and I definitely want to buy wealth management. If the year-end award is lower year by year, it depends on what position I am in, whether there are options and equity, and if neither, I will not accept it.
One month less year-end award is because new hires will be paid one month less salary
Lu Yao, 31, an employee of a large Internet company
In the past, company performance B was a four-month year-end award. This year, it was adjusted to three months and announced after the year. Although I didn’t cut my year-end award directly, I did feel a bit uncomfortable.
The company’s year-end award was halved last year because most people thought it was understandable because of something wrong with the company. Going forward we are all rewards and punishments, not on the details of the details. Now I feel that the company is losing its culture and style.
After the announcement of the adjustment of the year-end award, the leader asked everyone if there was any protest. Of course, no one dared to do it. Private companies did not keep their bonuses private, so they were not allowed to discuss each other.
The company ’s explanation of the adjustment of the year-end award is particularly pale. It only said that it was issued after the year because it is more complicated and the financial cycle is longer. However, I still do n’t understand what the pay team is doing. Is n’t this their KPI? It ’s not that the New Year ’s Day was announced earlier this year. Why not plan early?
In addition, the explanation of changing from 4 months to 3 months is that when HR recruits new employees, the salary is about 15 salary, but some of the people we recruited before talked about 16 salary, but now it has suddenly dropped. In the future, we may not have a good management team and it will be difficult to convince everyone.
And the company proposes optimizing executives. I used to think it would be better after the New Year, todayNian had no such feeling at all and was very anxious.
Year-end awards are a tool for balancing employees’ salaries, and they are a weather vane for the coming year.
Huang Wei, 32, founder of Huang Wei Workshop
The year-end award is a customary and special compensation tool in China to meet employees’ expectations. There are three main reasons for a company to set up year-end awards: one is the company’s operating environment. I think that if you have the ability, you still have to cut out a pool to issue the year-end award.
Look at the competitiveness of employees’ current salaries in the market, or the competition and balance among employees. In many companies, the salary of old employees is upside down, and the year-end bonus is a good way to adjust it. The third is to refer to history. If the company sends it every year, it is difficult to tell the past if it is not issued suddenly. Of course, if the company talks clearly when employees join the company, and the salary itself is competitive, the employee compensation system is also balanced, and it is normal to have no year-end rewards.
But most startup companies do n’t invest enough in human resources, and the salaries they usually give are not competitive in the market. If the year-end award is not shown, employees will be lost.
In addition, the end-of-year awards should be calculated based on how employees are stratified. For example, how much should be given to excellent employees and nearly employees. The layering rules are clear. For employees, they know how to work hard in the coming year. The year-end award will be used for employee expectations management and new year planning. He will be based on what you have awarded this year and how I should work hard next year. It is a wind vane.
If you really ca n’t issue the year-end award or are unwilling to issue the year-end award, you can raise your salary to ensure the balance of retaining and employing. If there is no indication of the New Year, the beginning of the next year will be the recruitment season, and many people will leave. Of course, the company’s situation is very bad, and you may want to lay off people. Everyone feels very clear without issuing a year-end award, and may seek self-development.
These two cases are issued before and after the year. One is a listed company like Alibaba. The financial year may be April of each year. The other is that the company’s cash flow is not good enough and needs to be slowed down because many sales companies have not performed well in the New Year. It is also possible that the company is thinking about retaining people.
I think the company’s cash flow is pretty good in all aspects. We must trust our employees and send them out years ago, because many employees need to spend a lot of money to go home, transportation, expenses for elders, gifts, etc. It’s really impossible to send each part before and after the New Year’s Eve, maybe employees’ acceptance will be better. For employees who have changed jobs after receiving the year-end award, if you think with normal logic, it means that your company’s problem is not the year-end award.Big problems need to be addressed.
The founders should also manage their expectations well. Don’t brag a lot of staff at the beginning of the year. If you don’t honor them at the end of the year, the employees’ trust in you will be discounted. The year-end award actually tests the founder. If he has employees in his heart, he will work hard to create more conditions. If not, he will find a reason not to issue a year-end award.
Most of the young people I contact don’t know much about their pay structure. In fact, after entering the workplace, we must first improve the concepts in this area, such as the five insurance and one payment base, whether the year-end award is fixed or floating based on performance, and the option distribution mechanism of startup companies. These must be made clear when they join the company. But if you are in the stage of learning growth or industry, I personally suggest not to pay too much attention to these details, focus on development, wait to learn the skills, and make more money.
I was laid off the day before the holiday. Is the year-end award a question mark?
Wen Chaoyong, 28-year-old offline education practitioner
The company started holiday on the 13th. On the last day before the holiday, I was suddenly notified that I had been laid off. Without N + 1, wages are given until the end of January. The year-end award is based on the number of months of formal employment divided by 12, and then multiplied by the monthly salary.
I did n’t have much warning before I was laid off, but only vaguely knew that the company has been laying off staff since December 2019. Want to reduce year-end bonus spending through layoffs. The company has changed back and forth several times because of how the year-end award was issued. When it came time to join the company, it was agreed to pay three months, but this year it was said to be based on a certain coefficient. The so-called coefficient is the rating of this year, which integrates the opinions of all colleagues and leaders. After reporting in accordance with the rating standards, it was said that the year-end award was not based on the coefficient, and one month’s salary was directly given. Later it was said that instead of a monthly salary, a fixed amount must be given according to the A, B, and C grades. In the end, the manpower is calculated, and the monthly salary is set, but it should be multiplied by the monthly salary based on the entry time / 12. The company has been established for more than 3 years, with a salary of up to 3 months.
For me, it’s on an awkward point. I was going home on holiday the next day and told me the previous day that I had been laid off. Even if it is cut, such a company is not worth it. I know that when the company frequently lays off employees, I also prepare mentally. And at the end of 2019, I once mentioned the change of treatment with the boss. After working hard for a year and working overtime countless times, not only did he not recognize it, the boss rejected me in a very extreme way, making me chilling. In addition, the company’s unprofessionalism in layoffs, promotion and other systems made me dislike it.
I was laid off years ago, and I have calculated the year-end award. I do n’t know if it will be given to me.. When I left, I asked the manpower. She didn’t say no, nor did she give it explicitly. The year-end award was originally issued on the 6th, and was later pushed before the holiday. Later, it was said that the 15th was issued with the salary. Now the salary has been paid, and the year-end award is not included. Is there a year-end award and when is it still a mystery? But I have already spent part of the year-end prize on a budget. I have bought New Year gifts for myself and my family with flowers and credit cards. If the year-end bonus is gone and I still face unemployment after the year, I feel like I haven’t started a good year. But I actually want to be more open. Today, I just saw the news of the entrepreneur’s suicide. Although I don’t agree with the company’s approach, I try to understand everyone’s different positions as much as possible. In 2020, I hope everyone can learn to digest negative energy!
Yuan Cheng, Xiao Bai, Nan Nan, Zhou Xi, Lu Yao, and Wen Chaoyong have changed their names in response to the interviewee’s request.