TAIPEI (TVBS News) — In response to inflation and talent retention, Taiwan's major contract manufacturer Quanta Computer announced on Wednesday (Nov. 22) that it will adjust its employee salary structure starting Dec. based on job grades; with employees in the 8th job grade receiving an increase of NT$3,000.
According to the Taiwan Stock Exchange's corporate employee salary information from June, the average annual salary for non-supervisory full-time employees at Quanta in 2022 reached NT$1.501 million.
Quanta has been raising salaries for the third consecutive year, with structural pay adjustments also made in 2021 and 2022.
The company stated that the current salary restructuring will not affect the annual raises based on performance and division alignment.
In addition, Quanta also disclosed plans to implement a flexible working hours system as the headquarters in Taiwan would reinstate the flexible work hour system adopted during the pandemic period, allowing employees to start their day between 7 a.m. and 9 a.m., and leave between 4 p.m. and 6 p.m.