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FamilyMart subsidiary boosts salaries by up to 5% in 2024

Reporter TVBS News Staff
Release time:2023/12/20 14:51
Last update time:2023/12/20 14:51
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FamilyMart subsidiary boosts salaries by up to 5% in 2024 (Shutterstock) FamilyMart subsidiary boosts salaries by up to 5% in 2024
FamilyMart subsidiary boosts salaries by up to 5% in 2024 (Shutterstock)

TAIPEI (TVBS News) — Family International Gourmet, a subsidiary of the Taiwan FamilyMart Co., Ltd, announced on Wednesday (Dec. 20), that it will increase salaries by 3-5% in 2024.

The company shared that employees can also expect to receive incentive and performance bonuses for three to eight months of their annual pay.

 

According to Wu Sheng-fu, chairman of Family International Gourmet, staff members with outstanding performance in 2023 could anticipate an annual salary equivalent to over 20 months, with several million-dollar-a-year store managers already on the team.

Family International Gourmet is planning an active expansion, aiming to add 8-12 new stores each year, the chairman stated.

The company's 2024 recruitment drive is set to hire over 500 regular employees, including 50 potential store managers and over 200 potential supervisors.
 

Starting salaries for new employees will increase from NT$34,000 to NT$36,000, while the entry wage for reserve cadres is pegged at NT$40,000.

By passing training assessments, they can quickly advance to the store manager role, with the opportunity to earn an annual salary exceeding NT$1 million.

The company's latest reported revenues for November accumulated to an impressive NT$19.92 billion, almost a 30% increase year-on-year.

This Thursday, Family International Gourmet is slated to debut on the emerging stock market, as it progresses toward listing on the over-the-counter market.

Taiwan Business

#Family International Gourmet# salary increase# performance bonuses# store expansion# recruitment drive# starting salaries# revenues increase# increase salaries by 3-5% in 2024# annual pay incentive and performance bonuses# expansion of 8-12 new stores eac
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