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As China’s Lunar New Year bonuses feel the pandemic effect, is time the best gift of all?

Published Jan 29 2022 at 10:14 AM GMT
Key
Points
  • Annual bonuses are an internet phenomenon ahead of every Lunar New Year holiday in China, as companies vie to go viral with staff incentives that are the envy of all.
  • The benefits of offering eye-catching bonuses are twofold – they raise the firms’ public profiles and help them 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….




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  • Published Jan 29, 2022 10:14 AM GMT