"bonus"

SINGAPORE - Some employers in the private sector plan to not pay any bonuses to their staff this year. This is similar to the Government announcing there would be no bonus paid to civil servants at the year's end, given the weakened economic outlook caused by the Covid-19 pandemic.

Airports of Thailand (AOT) may not pay bonuses to employees during the Covid-19 outbreak, which has taken a severe toll on the company’s performance.

Ten giant companies announced their annual bonus payments to employees this year, led by companies in the automotive industries, state enterprises and agricultural businesses.

Over 300 workers of Yano Electronics (Thailand) in Prachin Buri ended their protest early on Saturday after the company agreed to give them a bonus and promise not to punish them.

AUTO, ENERGY, and real estate companies continue to pay high bonuses in 2017, thanks to the country’s economic recovery, according to a survey by The Nation and employment firms.

EMPLOYEE bonuses will drop slightly for this year, but workers in the vehicle industry will fare best.

THE Lancang-Mekong Coopera-tion (LMC) initiative has significantly contributed to economic growth in terms of trade, investment and capacity building in countries in the Mekong basin, a Chinese senior official said.

About 800 workers at an airbag manufacturing plant in Prachin Buri staged a sit-in protest inside their factory on Saturday morning to demand a higher year-end bonus.

ENERGY and automobile companies continue to pay higher bonuses to their staff than many other industries, although a handful of property developers will pay nine- or 10-month bonuses to selected staff.

 SALARIES will have risen by an average of 4.17 per cent this year, lower than last year’s 5.04 per cent, and the average year-end bonus will be 1.87 months, lower than last year’s 2.34 months, according to a survey by the Federation of Thai Industries (FTI).

THIS year’s economic downturn has negatively affected private companies from sector to sector. However, many plan to award bonuses to their employees to provide moral support to them amid difficult times.

Airports of Thailand's board of directors has approved a record bonus payment for the 2014-15 operations.