Nearly 80 percent of Taiwanese companies are planning to give their workers an average raise of 4.7 percent in 2018
Taiwan News
Date: 2017/12/19
By: Keoni Everington, Taiwan News, Staff Writer
TAIPEI (Taiwan News) — Nearly 80 percent of companies in Taiwan plan on giving their
(Image from pixabay user geralt)
employees a 4.7 percent raise on average to their employees in the coming new year, according to a survey by yes123.
According to the results of a survey published yesterday (Dec. 18) by the online job bank yes123, 52.4 percent of companies estimated that their operating conditions will be better next year than the current year, while 42.7 percent thought conditions would stay the same and only 4.9 percent thought business would get worse.
This overall positive outlook on business next year translates into an increased willingness to raise salaries. The survey found that 70.3 percent plan to raise salaries, with 61 percent basing the increase on their performance, while 18. percent say they will give the pay raise to all employees. [FULL STORY]