the year-end bonus is the year-end bonus only available after the new year. Different companies get the year-end bonus differently. This month, one of the most concerned issues is the issue of the year-end bonus, so how many times of the monthly salary is the year-end bonus? Will there be a year-end bonus when the work is less than one year?
How many times of monthly salary is the year-end bonus?
There is no definite rule on whether and how to pay the year-end bonus. Some enterprises do not have the year-end bonus. Some enterprises regard the year-end double pay or three pay as the year-end bonus. The standardized year-end bonus is often linked to the performance appraisal and accrues a certain proportion of the bonus from the net profit.
There is no uniform regulation on the amount of year-end bonus. Different units have different rules. In some units, the year-end bonus is the salary for several months. In some units, the year-end bonus is only a few hundred yuan. In some units, there is no year-end bonus.
Is there a year-end bonus for less than one year's work?
In general, new employees who have not been in the company for a full year may not have year-end bonus. The year-end bonus is a kind of welfare, not regulated by the relevant national laws and regulations. The year-end bonus shall be determined by the contract and the company's rules and regulations. Even if there is a year-end bonus, it shall be paid according to the proportion of your entry month. Otherwise, it's up to the industry conscience of the boss whether or not to pay the year-end bonus or how much.
As a new employee, you can ask your colleagues about the year-end bonus first. It depends on how long you come to the company, whether it's nearly a year or half a year, or one or two months. Generally speaking, if it's nearly a year, there may be a year-end bonus. In addition, you should also consider the nature of the company, whether it is a state-owned enterprise, public institution, foreign enterprise or private enterprise. Usually, the rich units are more likely to issue year-end bonus. At the same time, we should combine the company's year-end performance, the company's welfare policy and individual performance assessment. Enterprises with good year-end benefits are also more likely to issue year-end bonuses.
All in all, the year-end bonus is one of the forms of compensation and welfare, but it is not a legal concept. There is no law or regulation on how to deal with the year-end bonus and whether it must be issued. It is also not a necessary item of salary, which means that the employer can decide whether to pay the year-end bonus according to its actual situation. However, in any case, all units that give year-end bonus expect to have certain flexibility in the issuance of year-end bonus, that is, they can control who and how many year-end bonus are given.
Since there is no law and regulation that prescribes the year-end bonus, the principle of issuing the year-end bonus must be the agreement. This kind of agreement can come from the labor contract or the rules and regulations. Assuming that there is a year-end bonus, it can be executed according to the labor contract, but if there is no year-end bonus agreed in the contract, it cannot be obtained. At present, the distribution rules of many units are not clear enough, so it is easy to dispute.
There is no regulation on the year-end bonus. It depends on the company.