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Monday, April 29, 2024

Year-end bonus frenzy: Thai companies make it rain with envy-inducing rewards

Photo: by Alexander Mils, on unsplash

Over ten renowned Thai companies are set to distribute generous year-end bonuses for 2023, leading to a wave of envy. The highest bonus reported is 7.3 months’ salary plus an additional 37,000 baht.

Some of the companies declaring such bonuses include IHI Turbo Thailand, Jtekt (Thailand), Siam Toyota, Siam ATT I-Shin, Trimotive, SIAM DENSO KYOSAN, IJT Thailand, TTK, TBKK, and Sumitomo Rubber Thailand, with bonus amounts ranging from 3 to 7.42 months’ salary, along with additional cash rewards.

Dunlop Rayong had sweetened the deal by releasing its bonuses a day earlier, giving employees a 4.6-month salary bonus plus an additional 23,000 baht and an extra 2,000 baht special reward.

The page reported that IHI Turbo Thailand is granting a bonus of 5.5 months’ salary plus an additional 60,000 baht.

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