Monday, January 6, 2014

Toyota leads bonus bonanza in Thai Auto Industry


ALTHOUGH THE economy has grown only slightly this year, the private sector is continuing to pay bonuses for staff, especially in the automobile, securities and property sectors, where bonuses in excess of six months' salary are being paid by some companies.

A survey conducted by The Nation early this week found that several companies had announced the payment of significant staff bonuses on the back of their financial performance for the year.

The auto industry continues to be a high-performing sector that handsomely awards its employees, with Toyota Motor Thailand announcing an average bonus of 10 months plus Bt20,000, while Honda Thailand is paying eight months plus Bt80,000, Mitsubishi Thailand is rewarding staff with seven months, and Thai Yamaha Motor is paying bonuses of four or five months' salary.

No comments:

Post a Comment