China News Service, February 2 According to the US "World Journal" report, the approaching Chinese New Year is also the day when Chinese-funded companies will issue year-end bonuses.

In the United States, affected by the epidemic this year, many industries have been hit, and business has been bleak. Some industry players even said that some Chinese companies chose to close their doors at the end of 2020.

This makes it impossible for some companies to issue year-end bonuses to their employees, and most companies' year-end bonuses have shrunk or remained the same as last year.

  Chinese Lu Qiang is also a catering and tourism industry, and these two industries have been hit harder by the epidemic.

He said that since 2020, no festival has been celebrated.

In the past, there would be parties and lucky draws at Christmas, and we would invite everyone to dinner during the New Year. This year, we are totally in a mood. The business is bleak and the employees can understand.

Now I am waiting for the second batch of bailout funds to be released. If I get the money, I can last half a year, otherwise I really don't know how long it will last.

  The company where Mr. Zhu, a Chinese, sent a notice to the employees a few days ago, stating that because of the economic downturn in 2020, the company will not give everyone a year-end bonus. Instead, a gift card of $100 per person will be used.

He said that he had been mentally prepared for a long time. Due to the economic downturn, the company had no money to earn, and the boss had limited cash flow. The money was deducted from his hands to issue year-end gift cards.

  The insurance industry is also one of the barometers of the economy.

Zhang Guoxing, an insurer, said that the insurance industry in Southern California is generally not good.

Many practitioners are engaged in life insurance, especially those in the insurance industry that are mainly overseas customers.

In order to prevent the epidemic, the additional operating costs of each company increase. He will expand the office area in 2020 and add two new offices to allow all employees to maintain a safe working distance.

Two weeks ago, the company also performed mist-like nano disinfection, and each disinfection in several offices required at least $6,000.

  According to his business, he believes that 20% to 25% of small businesses in the Chinese community will end their business in 2020. This situation is worse than in 2008. There was no such serious business failure in 2008. At that time, businesses lost money, but now it is basically. close the door.

The income situation of the people is also much worse than before. From 2014 to 2020, before the epidemic, the ratio of individuals who bought insurance to receive government subsidies and did not receive subsidies was 50:50, and now it is 90% of those who receive government subsidies.

  As for the year-end bonus, Zhang Guoxing said that his company issued a year-end bonus on December 31 last year, which was deposited into the employee's pension account.

The standard for their year-end bonuses is based on seniority, not performance.

The amount is the same as in 2019, usually at least US$6,000 for those who have worked in the company for more than ten years.

  Dental clinics have also been greatly impacted by the epidemic, but there are still year-end bonuses to employees. A doctor said that the year-end bonus was basically the same as last year, mainly because of meaning, after all, everyone was under a lot of pressure this year. (Zhang Hong)