-
Taiwan’s growing wealth gap raises concerns: experts
Taiwan’s wealth gap widens as economic growth hits a 14-year low. Experts call for action to address income inequality and rising living costs.2024/01/29 16:44 -
Q Burger announces up to 23.4% salary hike in 2024
Q Burger, a restaurant chain in Taipei, is making waves with its generous end-of-year bonus of up to 27.8 months for staff. In addition, the company plans to increase salaries by 23.4% in 2024, aiming to break away from the low-paying norms of the industry. Newly hired employees can expect a high basic salary of up to NT$35,000, while reserve executives start at NT$37,000. To address regional differences in living costs, Q Burger is also offering a substantial regional subsidy, with store employees in Taipei receiving an extra NT$4,000 per month. In a unique move to motivate employees, the company has introduced the "Dream Reward Plan," which grants 20% of net profits to store chiefs. Q Burger’s success is evident, with its expansion to 340 stores across Taiwan and over one million app members in 2023.2023/12/27 14:50 -
Office workers struggle to raise children for 3 reasons
The birth rate in Taiwan has significantly decreased in recent years, resulting in negative population growth for a consecutive three-year period. A recent study has shed light on three main challenges office workers face when raising children: high living costs, stagnant wages, and an overpriced housing market.2023/07/12 11:33 -
Young Taiwanese adults struggle with high living costs
At first glance, Taiwan’s employment rate among young adults has never been better, as 2022 saw the unemployment rate of those aged between 15 and 29 to be at an all-time low.2023/05/03 17:16 -
Rising costs of elderly care signal challenges for Taiwan
As young adults in Taiwan struggle with the high costs of living and low wages, the elderly population also faces similar challenges.2023/03/10 19:10