salary increase 結果共39筆

The Jhujian Catering Group in Taiwan sets a new standard by offering year-end bonuses totaling NT$85 million, marking a significant upturn in the nation’s catering industry. With individual bonuses potentially reaching up to three months’ salary, Jhujian leads the way in employee rewards amid industry-wide growth.

Taiwanese companies have raised fixed monthly salaries in an attempt to address labor shortages, but the annual salary increase rate has declined to 2.5% from last year’s 3.1%. Despite this, the average annual salary in Taiwan reached a new eight-year high at NT$694,000 in 2023. The semiconductor industry remains the highest-paying sector for the eighth consecutive year, surpassing NT$1 million in average salary. Following the semiconductor industry, the computer and consumer electronics manufacturing, electronic components manufacturing, telecommunications and communication services, and software and internet industries are the next highest-paying sectors. In terms of engineering roles, IC design engineers earn the highest yearly earnings, while auditors, computer systems analysts, and network security analysts lead non-engineering jobs. Year-end bonuses in 2023 decreased to an average of 1.08 months’ worth of salary, the lowest in a decade. Financial institutions are expected to provide the highest average year-end bonuses, followed by the semiconductor and construction industries. Looking ahead to 2024, civil servants, educators, and military personnel will receive a 4% pay increase, while private companies anticipate an average increase of 3.2% in salaries, with the accommodation and food services industry having the highest proportion of enterprises raising pay.

The Ministry of Education (MOE) clarified that school teacher bonuses are not part of salary raises, in response to the National Federation of Teachers Unions (NFTU) advocating for improved benefits for elementary and secondary school teachers. The MOE stated that homeroom teacher bonuses reached NT$3,000 before 2017, while the hourly wage for substitute teachers has increased. However, the bonuses for special education teachers still require approval from the Executive Yuan. The NFTU held a press conference to propose better conditions for kindergarten, elementary, and secondary school teachers, highlighting the government’s focus on universities and neglecting the needs of these teachers. With 250,000 out of the total 300,000 teachers in Taiwan working in elementary and secondary schools, the NFTU emphasized the significant remuneration gap, unadjusted overall salaries, and the lack of increase in special education teacher bonuses that need consideration. The NFTU chairman, Hou Chun-liang, emphasized the urgency of addressing the issue, as homeroom teacher and special education teacher bonuses have remained unchanged for 10 and 31 years, respectively. The NFTU’s publicity director, Luo Te-shui, urged that anything beneficial to education should not be delayed until the elections.

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.

According to a national economic confidence survey by Cathay Financial Holding, approximately half of respondents believe their salaries will increase in 2024, showing a more optimistic outlook compared to last year. About 25% of respondents anticipate a pay hike of more than 3%. This comes after the Ministry of Labor’s decision to raise the minimum wage by just over 4% in 2024. 64% of respondents reported that their income has remained unchanged over the past six months, while 18.1% said it has increased and 17.9% said it has decreased. Looking ahead to next year, 25.2% of respondents expect a salary increase of more than 3%, a significant increase from last year’s survey. The survey also reveals that respondents predict the country’s economic growth rate to stay at 1.6%, with only around 21% believing it will surpass 2% this year. In terms of inflation expectations, the median value remains steady at 2.5%, with 84% of respondents believing this year’s inflation rate will be more than 2%. Overall, the public maintains a conservative outlook on economic expansion, while inflation expectations remain higher.

First Commercial Bank announces a net income of NTD＄192 billion for the first ten months of 2023, close to its total 2022 profits, and plans generous employee bonuses and pay raises. Bank Sinopac also reveals plans for significant salary increases and food subsidies.

Asian-Pacific workers, including those in Taiwan, are expected to experience the highest global growth in real wage increases in 2024, according to recent data. India leads the way with a projected rise of 5.1%, while Taiwan contributes with a 2.5% increase. The ECA International’s Salary Trends Report indicates that real wages for Asian-Pacific workers will increase by 2.2% in 2024, more than double the global average of 1%. Taiwan ranks sixth in the real salary forecast growth rate in the Asia-Pacific region, surpassing Macau, Malaysia, the Philippines, Cambodia, and South Korea. Vietnam and Thailand are expected to see real wage surges of 3.6% and 3.4% respectively, while Singapore is projected to have modest growth of 0.5%. The region’s advantage of lower inflation rates compared to the rest of the world contributes to these increases. Greater China locations, excluding Hong Kong, are expected to be among the top ten globally in terms of real wage increases in 2024.

Taiwan’s Ministry of Health and Welfare has announced that 26 state-run hospitals will increase salaries by 4% starting in January 2024, with a maximum increase of NT$2,500 per month. Over 8,000 individuals will benefit from this raise, resulting in an annual expenditure increase of at least NT$140 million. This follows incremental raises in nursing bonuses or allowances at 21 state-run hospitals between March and November 2023, ranging from NT$800 to NT$3,000 per month. However, five state-run hospitals in remote areas, islands, or specialized psychiatric hospitals were not included in the adjustments. The increased expenditure will be covered by hospital funds, but it may impact doctor bonuses. The ministry is urging hospitals to implement management strategies to minimize the effects on doctors.

The Ministry of Education (MOE) in Taiwan will increase monthly academic research grants for professors, associate professors, and assistant professors at public universities starting next year. This move aims to address low wages for academic talent in Taiwan. The Executive Yuan has committed to investing NT＄33.29 billion over the next five years to support this initiative. The research grants for teaching staff at public universities will increase by NT＄6,000 to NT＄9,000 per month. Additionally, the Ministry will invest an additional NT＄860 million to encourage private universities to raise their faculty salaries, bridging the salary gap between public and private institutions. The efforts also include the introduction of new doctoral scholarships and subsidies for part-time teaching assistant positions for doctorate students. The MOE’s Department of Higher Education Director-General, Chu Chun-chang, stated that if private universities can increase academic research funding by 15%, the MOE will cover 70% of the cost. Furthermore, starting next year, the ＂flexible pay＂ system for outstanding teachers will be expanded, with increased subsidies.

The Bureau of Labor Insurance (BLI) implemented a parental leave allowance scheme in July 2021, providing a 20 percent wage subsidy grant to ease economic pressures on working parents. A year later, an amendment to the Employment Insurance Act allowed both parents to claim the allowance simultaneously. By the end of July this year, the percentage of male claims settled reached 26 percent, with the BLI disbursing a total of $101.4 billion in the first nine months. The parental leave allowance corresponds to 60% of the insured person’s average monthly insurance salary six months before the leave, plus the additional wage subsidy grant, resulting in parents receiving 80 percent of their monthly insurance salary. Since the nationwide release of the subsidy grant, the number of applicants tripled, benefiting eight thousand families last year, a five-fold increase compared to the scheme’s initial launch in 2009.

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.

Taiwan’s Minister of Labor, Hsu Ming-chun, confirms the upcoming deliberation on raising the minimum wage by 3-3.2%. Citizens express concerns over inflation’s impact on their livelihoods.

President Tsai Ing-wen announced Wednesday (June 21) a 4% increase in salary for armed forces starting next year. The president also reiterated the government’s commitment to enhance soldiers’ living conditions and upgrade their equipment, pledging unwavering support as the strongest force bolstering the nation’s military officers.

As the cost of living in Taiwan continues to increase, salaries are not seeing much growth.