No year-end bonus and pay increase for TVB stars, employees

TVB actors like Joey Law (left) and Lai Lok Yi are supportive of the company's decision. Photos: Joey Law/Instagram and Lai Lok Yi/Instagram

Hong Kong broadcasting station TVB reportedly made a loss of HK$293mil (RM154mil) in the first half of the year. And due to that, the company will not be giving year-end bonus to all employees, including its stars.

In an open letter to staff on Dec 22, the chief executive of TVB also indicated there won't be pay increase. The chief executive also asked its employees to “join forces to allow the company to tide through this unique year”.

Actor Joey Law said he is supportive of TVB which is going through a “difficult situation”.

Another TVB actor, Lai Lok Yi said: “I understand why the company made such a decision, I hope the pandemic will pass quickly, so that the company will be able to earn more, and be able to increase our salaries, issue us bonuses as usual and perhaps even double it."

The chief executive said hopefully with the vaccine, Covid-19 can be under control, making 2021 a “year of recovery” for TVB.

In 2019, TVB retrenched 350 of its employees due to pro-democracy protests.

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