What Do Korean Companies Give Their Employees For the Lunar New Year?

Nearly 7 In 10 Workers In Korea Received A Lunar New Year Bonus This Year, According To Various Surveys

• 66.3% of respondents said they received a Lunar New Year bonus or gift.
  • 78.2% of large companies
  • 70.5% of medium-sized companies
  • 64.4% of small companies
  • 58.7% of public organizations

received Lunar New Year bonuses or gifts

• In terms of the types of Lunar New Year bonuses, “cash” was the most popular at 45.1%, followed by gifts such as rice cakes and fruits at 36.7% and both cash and gifts at 27.5%.

The Average Amount Of The Bonus Is 618,130 Won

• Of those who don’t receive a bonus, 44.2% said they receive a gift instead.
• The most desired holiday gift is a gift cards, cited by 52.5%.

This lunar new year holiday, 77.9% of employees plan to provide pocket money and gifts to their parents and friends. The average amount they plan to spend on holiday pocket money and gifts is 430,000 won.

Controversy In The Online Community This Year…What Do You Think?

Recently, an online community shared a story about someone who received sweets and instant noodles as a holiday gift from her/his company. The photo shows a large black plastic bag with chocolate bars, rice crisps, chocolate pie, and two small cup noodles inside.

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