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Taiwan firms set to revive year-end party with cash prizes
A survey conducted by online job bank Yes123 revealed that 88.4 percent of Taiwan’s companies plan to hold year-end parties before the Lunar New Year, with employees most eager to receive cash prizes. The survey also found that 60.3 percent of companies with year-end party plans will host lucky draw events. Among the preferred prizes, cash ranked as the top choice with 66.2 percent of employees, followed by smartphones (43.3 percent), cars (42.5 percent), department store vouchers (34.3 percent), and convenience store coupons (33.2 percent). The survey also showed that 73.6 percent of office workers have previously won a prize at year-end parties, with the average value of the biggest prize being NT$11,833. The spokesperson for Yes123, Yang Tsung-pin, stated that the willingness of companies to hold year-end events has returned to normal, indicating the recovery and stabilization of the economy following the disruptions caused by Covid-19. The survey was conducted online from Dec. 1 to Dec. 14, with 1,366 valid responses and a confidence level of 95 percent and a margin of error of plus or minus 2.65 percent.2023/12/19 20:17