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Taiwan workers paid average year-end bonus of NT$71,968

TAIPEI (Taiwan News) — Employees received an average year-end bonus of over NT$70,000 (US$2,400) for their work in 2021, with those working in shipping receiving the biggest payout, according to...

Taiwan's Novatek hands out up to 50 months' salary in bonuses

TAIPEI (Taiwan News) — News broke on Tuesday (March 29) that major IC designer Novatek Microelectronics (聯詠科技) is handing out up to 50 months' salary in year-end bonuses to its employees. ...

Taiwan’s SOGO department store denies massive layoff rumors

TAIPEI (Taiwan News) — Department store chain Pacific SOGO on Thursday (Feb. 10) rebutted reports that it’s sacking more than 200 workers amid profit loss from the fallout of the COVID-19 ...

Taiwan's Formosa Plastics gives 7 months' salary as year-end bonus

TAIPEI (Taiwan News) — Formosa Plastics Group (FPG) announced on Monday (Jan. 10) that it will be handing out up to seven months' worth of pay as year-end bonuses to its employees. Amid a...

Strike continues at Vietnam shoe factory owned by Taiwan's Pou Cheng Group

TAIPEI (Taiwan News) — A strike that broke out in Bien Hoa, Vietnam, at the factory of the world’s largest footwear manufacturer, Pou Cheng Group, over employee dissatisfaction with Lunar ...

Taiwan's Sharetea hands out generous year-end bonuses

TAIPEI (Taiwan News) — Beverage brands in Taiwan are doling out several months’ salary as a year-end bonus despite the impact of COVID-19 on the industry. Lian Fa International Dining B...

Employees of Taiwan’s Yang Ming Marine disappointed at 8 months’ salary for year-end bonus

TAIPEI (Taiwan News) — After Evergreen Marine Corp. (EMC) doled out year-end bonuses equal to 40 months' salary to its employees, another major Taiwanese shipping company’s less genero...

Taiwan's Evergreen hands out up to 40 months' salary as year-end bonus

TAIPEI (Taiwan News) — Evergreen Marine Corp. (EMC) is reportedly handing out generous year-end bonuses to its employees, with some receiving a whopping sum equal to 40 months' salary, as 20...

Locals in southern Taiwan city rush to find lost cat for NT$500,000 reward

TAIPEI (Taiwan News) — A neighborhood in Chiayi City on Wednesday (Dec. 29) was flooded with people scrambling to find a missing cat for a NT$500,000 (US$18,088) reward. A Chiayi resident sur...

77% of Taiwanese firms to dole out year-end cash bonus for 2021

TAIPEI (Taiwan News) — Up to 76.7% of companies in Taiwan plan to award their employees with a cash bonus before the Lunar New Year holiday, according to a survey by job bank yes123. Taiwanes...

Year-end bonus for Taiwanese set to be 1.18 of monthly pay

TAIPEI (Taiwan News) — Taiwanese salary earners are expected to receive a year-end cash bonus that is equivalent to 1.18 of monthly pay, on average, the lowest in eight years as a result of econ...

Only 56% of Taiwanese expect to receive year-end bonus: Survey

TAIPEI (Taiwan News) — Around 56 percent of Taiwanese salaried workers believe they will receive a year-end bonus this year amid the economic fallout from the pandemic, according to a survey by ...

Taiwan’s TSMC to implement 20% pay increase 2021: Report

TAIPEI (Taiwan News) — Taiwan Semiconductor Manufacturing Company (TSMC) is reportedly embarking on a “structural pay raise” scheme that involves a record 20-percent wage hike next y...

Taiwan’s TSMC announces pay increase for fifth year in a row

TAIPEI (Taiwan News) — Taiwan Semiconductor Manufacturing Company (TSMC) announced a 3 to 5 percent employee pay raise Thursday (April 30) for the fifth consecutive year. The entry-level mont...

South Korea's top 2 LPGA Tour players on longest break ever

Jin Young Ko figures to be plenty rested whenever the LPGA Tour resumes. Ko left the CME Group Tour Championship in Naples, Florida, on Nov. 24 as the No. 1 player in women's golf, c...