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The #unemployment level among #college graduates has increasingly become a concern

Happy New Year, year of tiger.

Ahead of every Lunar New Year holiday in China, annual bonus is an internet phenomenon. Companies vie to go viral with huge bonus the same way Japanese sushi restaurants bidding with extravagant prices for the winning blue-fin tuna on the New Year's Day.

The eye-catching bonuses serves two purposes. One, they raise the firms’ public profiles: Two, they help to retain valuable staff. During the tech investment bubble of the past decade, IT companies splashed out on huge bonuses and gifts including luxury trips abroad or expensive cars. The company lai see – the red packet of cash rewards – could hold up to four years of salary. It was usually handed out at company's splendid banquets.

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5 февраля 2022 г. 5:00:02
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