What will you do when you get your year-end bonus? What does it feel like to not have a year-end bonus in 2020?

Many friends have received year-end bonuses during the Chinese New Year this year! How to spend the year-end bonus is a problem. Some people use the year-end bonus to travel, some people use the year-end bonus to give red envelopes, some people save the year-end bonus, and some people use the year-end bonus to pay off Huabei and credit cards. Think about it, the year-end bonus is really a good thing. Let's take a look at how to spend the year-end bonus reasonably with the editor!

What will you do when you get your year-end bonus?

First, there are the things that must be paid, such as children's tuition, mortgages, car loans, credit card balances, etc.; second, there are the things that must be spent, such as daily household expenses, Spring Festival red envelopes, gifts for honoring elders, travel, expenses for purchasing New Year's goods, etc.; finally, there are the things that must be saved. It is recommended to set aside at least 20% of the year-end bonus for savings each year, and the rest can be used for investment, so that the family's financial foundation will be stable.

If you don't have much year-end bonus and you don't have a mortgage or car loan to pay off, you might as well spend first, but only if you spend moderately within your means. The period around the Spring Festival is usually a peak season for discounts and promotions. It's a good choice to use your year-end bonus to buy some items you normally want to buy but haven't bought. After all, saving money when spending is also a way of managing money. But it's best to make a list of the items and expenses you need to spend, so that you have a plan for spending, rather than spending as much as you get. All expenses should be controlled within 30% of the year-end bonus.

What does it feel like to have no year-end bonus in 2020?

No matter how painful, disappointed or upset you are, you can't get your year-end bonus back! What else can you do? You can only choose to believe in yourself and keep working hard in 2020! Summarize the shortcomings of 2019, the small goals you have achieved, and the areas where you are lacking. Analyze them yourself. Don't be confused. Write them down page by page. You will find that your thoughts will be clearer. Come on for 2020! Only hard work will pay off! Believe in yourself, the year-end bonus of 2020 is waving to you!

If I quit at the end of the year, will I still get the year-end bonus?

Whether the year-end bonus will be paid out depends mainly on whether the unit and employees have clear agreements on the standards, conditions and time for the payment of year-end bonuses. If there is no clear agreement, it depends on the attitude of the unit.

If an employee terminates the employment relationship before the employer issues the year-end bonus, the probability of getting the year-end bonus from the employer again is low, because generally, there is no clause in the labor contract regarding the year-end bonus, so once the employee leaves, there is no basis to persuade the employer to reissue the year-end bonus. Therefore, generally, the year-end bonus is basically not available after leaving the job.