Eight out of 10 Malaysia-based employees expect a yearly bonus

KUALA LUMPUR, March 11 (Bernama) -- Eight out of 10 Malaysia-based employees or 83 per cent are expecting a yearly bonus, averaging between one to two months salary, said Randstad Malaysia Country Director Ryan Carroll.

He said employees were looking forward to be rewarded for their contributions and loyalty to the organisations, especially if they had stayed with their employers amid major political changes and business transformation projects.

“While 98 per cent of the survey respondents agreed that receiving a bonus is important to their engagement with the company, 59 per cent said it was not the only factor that would make them start considering the possibility of a job change,” he said in a statement today.

Caroll said there were a combination of factors that motivate a valued employee to leave the company.

“Our 2018 employer brand research found the top reason people gave for resigning was due to a limited career path.

“Companies that are able to benefit from a highly-engaged workforce are those that continuously present their staff with opportunities to develop and grow within the organisation,” he added.

He said while a bonus payout may be a fair expectation in these circumstances, employees should also think about up-skilling themselves to demonstrate their worth.

“This will help them stay relevant and employable, as well as, allow them to advance their careers more quickly,” he said.

-- BERNAMA