1111 Job Bank survey reveals under 50% of Taiwanese companies in a position to offer wage increases next year
Taiwan News
Date: 2018/10/17
By: Scott Morgan, Taiwan News, Staff Writer
(Image from Max Pixel)
TAIPEI (Taiwan News) – About 58 percent of businesses offered a wage increase to workers this year, and 46 percent are expecting to dish out pay increases next year, according to a recent survey by 1111 Job Bank, reported CNA.
1111 Job Bank suggests the average wage boost for companies offering raises next year will be 3.75 percent.
The survey revealed the main reasons for improving employee income this year were job performance (52.46 percent), business performance (43.77 percent), department performance (15.85 percent), and compatibility with the company (8.55 percent).
The survey also revealed wage increases were most prevalent in the financial services sector, despite the industry being the second-highest paying in Taiwan, and least prevalent in the logistics sector. [FULL STORY]
