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23% of people in industrial, service sectors got raises in 2014

23% of people in industrial, service sectors got raises in 2014

Taipei, May 29 (CNA) Some 23.5 percent of the people in Taiwan's industrial and service sectors saw their wages increase in 2014, a much needed boost for the nation's workforce as they face stagnant wages and rising costs, official data showed Friday. Among those who received more pay, 36.3 percent got raises in the form of increases in their regular salaries, higher than the 23.5 percent in 2012 and 27.2 percent in 2013, but lower than the 36.7 percent in 2011, according to a survey by Directorate-General of Budget, Accounting and Statistics. According to the survey, 15.8 percent of the businesses that gave raises gave them across-the-board, while 7.7 percent gave them only to some of their employees. Of the raises, 6.9 percent were less than 3 percent, followed by 6.7 percent, which were between 3 to 6 percent. In terms of industry, businesses in the financial and insurance sectors were most willing to give their employees raises. Some 75.7 percent of businesses in those two industries gave their employees salary increases, followed by 36.1 percent in the manufacturing sector and 34.1 percent in the electricity and fuel sectors. The mining and quarrying industries were, on the other hand, least willing to give their employees raises, with 86.1 percent of them unwilling to give raises, according to the study. And over 80 percent of the businesses in the construction, transportation, education services and medical service industries did not give their employees raises. In a separate survey by the Ministry of Labor, people who first entered the workforce in 2014 received NT$25,634 (US$830) as their regular monthly pay, an increase of 1.82 percent compared with entry-level wages in 2013. In terms of regular salaries, supervisors got the highest regular salaries in all industries, averaging NT$66,648, followed by white-collar professionals at NT$51,856 on average, sales personnel at NT$25,006 and people who do manual labor at NT$24,647 at the lowest. The survey was conducted in August 2014 among 9,695 respondents. It also found that the number of people in the service industry increased in 2014. Fifty-five percent of the working population in Taiwan worked in the service sector in 2014, up from 53 percent. There are more than 7.3 million people in Taiwan's workforce, with 3.22 million of them being employed in the industrial sector and 4.07 million in the service sector. (By Chen Cheng-wei, Zoe Wei and Scully Hsiao)


Updated : 2021-09-24 21:33 GMT+08:00