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Over half of workers seeking pay hikes through harder work

Over half of workers seeking pay hikes through harder work

Taipei, Oct. 19 (CNA) More than half of Taiwanese workers whose main source of income is their salary are trying to beat wage stagnation by working harder to show their bosses that they deserve a higher pay, according to a survey by 1111 Job Bank. In a survey of salaried men and women across the country conducted between Sept. 29 and Oct. 13, 54.92 percent of the respondents said they were working harder in a bid to seek promotion and pay raises. Among the well-known business leaders, Terry Gou of Hon Hai/Foxconn Technology group and Morris Chang of Taiwan Semiconductor Manufacturing Company were chosen by the respondents as the most generous bosses willing to give pay raises to their employees. The survey found that a majority of Taiwanese workers are relying on themselves to increase their income, with 33.35 percent making financial investments and 31.8 percent moonlighting. Ho Chi-sheng, a vice president of the job bank, said young people should study the prospects of each industry and line of jobs before accepting their first jobs. If a certain job is promising in the future but offers low entry- level pay, "you can accept the offer and then use the opportunity to prepare for the future," Ho advised. He suggested that such people can take side jobs, work on special projects or use family resources to weather the low-pay period of their lives while training themselves to be experts in certain fields. "Investing in yourself and boosting your skill levels to increase your contribution are the best way to get through the low-pay period," Ho added. His company received 1,084 valid samples for the survey, which had a confidence level of 95 percent with a margin of error of plus or minus 2.97 percentage points. (By Wu Ching-chun and S.C. Chang)


Updated : 2021-10-19 00:49 GMT+08:00