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Taiwanese workers eye jobs abroad amid slow wage increases
Discover why Taiwan’s average wage growth trails its GDP growth, leaving workers economically strained despite surpassing Japan and South Korea in GDP. Insights from experts and the IMF reveal the challenges and comparisons.2024/08/19 17:45 -
Report: healthcare, tech lead in Taiwan’s graduate salaries
Explore the latest insights on the starting salaries for university and postgraduate entrants in Taiwan’s workforce for 2023, including sector-specific averages, employment trends, and the impact of the global economy on hiring practices.2024/04/30 18:28 -
Quanta Computer raises salaries to beat inflation
Taiwan’s major contract manufacturer, Quanta Computer, has announced that it will adjust its employee salary structure in response to inflation and talent retention. Starting in December, the salary adjustments will be 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. This marks the third consecutive year that Quanta has raised salaries, with structural pay adjustments also made in 2021 and 2022. The company has clarified that the current restructuring will not affect the annual raises based on performance and division alignment. Additionally, Quanta plans to implement a flexible working hours system, reinstating the flexible work hour system adopted during the pandemic period at its headquarters in Taiwan. This will allow employees to start their day between 7 a.m. and 9 a.m. and leave between 4 p.m. and 6 p.m.2023/11/22 16:51 -
Over 40% of Taiwan graduates willing to seek jobs abroad
In 2023, Taiwan’s new graduates face low starting salaries, prompting many to consider overseas roles, especially in Southeast Asia. With Vietnam becoming a top choice, experts weigh in on the challenges and benefits of working abroad.2023/11/06 17:15 -
Shin Kong Hospital raises salaries to address nurse shortage
Shin Kong Wu Ho-Su Memorial Hospital in Taipei will raise salaries for nursing staff starting in November. Salaries for nurses on the three-shift rotation will increase by NT$1,680, and the monthly salary for new nurses will be raised to NT$43,680. The salary increase is in response to concerns over nurse departures and a shortage of staff, which has led to a reduction in the number of beds in many hospitals. The Taiwan Union of Nurses Association (TUNA) reported a drop in the number of nurses in the country from 187,519 to 185,901 from January through May. As a result, larger hospitals have been forced to close an average of 8% to 10% of beds. Shin Kong Hospital has hired 74 nurses but lost 125 as of September, leading to a decrease in the number of available beds. In addition to the salary increase, the hospital is implementing other incentives such as retention bonuses, team performance bonuses, special allowances, signing bonuses for new hires, and up to four years of free accommodation. The hospital also plans to increase all staff salaries next year in line with a government wage adjustment policy to attract and retain talent.2023/10/28 14:42