Fortune Telling Collection - Horoscope - Is it illegal for the company not to issue year-end bonus?

Is it illegal for the company not to issue year-end bonus?

It is not illegal for the company not to issue year-end bonus, as follows:

1. The year-end bonus is determined by the company's rules and regulations. Pay the laborers' remuneration in full and on time according to the stipulations of the labor contract or the provisions of the state; The labor administrative department shall order it to pay labor remuneration, overtime pay or economic compensation within a time limit; If the labor remuneration is lower than the local minimum wage, the difference shall be paid;

2. The company does not issue year-end bonus, and both parties can negotiate on their own. If negotiation fails, they can apply for mediation. Unwilling to mediate or failing to perform after mediation, you may apply for labor arbitration. If you are dissatisfied with the labor arbitration, you can bring a lawsuit to the court.

Legal basis: Article 85 of People's Republic of China (PRC) Labor Contract Law.

In any of the following circumstances, the employer shall be ordered by the labor administrative department to pay labor remuneration, overtime pay or economic compensation within a time limit; If the labor remuneration is lower than the local minimum wage, the difference shall be paid; If the payment is not made within the time limit, the employer shall be ordered to pay compensation to the employee according to the standard of more than 50% 100% of the payable amount:

(1) Failing to pay laborers' labor remuneration in full and on time in accordance with the stipulations of the labor contract or the provisions of the state;

(2) Paying workers' wages below the local minimum wage standard;

(3) Arranging overtime without paying overtime;

(four) the dissolution or termination of the labor contract, not in accordance with the provisions of this law to pay economic compensation to the workers.