Almost 80% of employers plan wage raises at average 4.7%: poll

Focus Taiwan
Date: 2017/12/18
By: Chiu Po-sheng and Frances Huang 

Taipei, Dec. 18 (CNA) Almost 80 percent of employers in Taiwan are planning to raise wages next year amid continued optimism that the local economy is on the road to recovery, according to the results of a survey released Monday by an online job bank.

In addition, the average wage hike employers have agreed to for next year will hit 4.7 percent, the survey shows.

The planned wage hike for 2018 is higher than the average of a 3.9 percent increase in 2017, the job bank said.

It said many employers expressed optimism about the local economy after the government and several leading think tanks forecast that Taiwan’s gross domestic product (GDP) will grow at a pace of more than 2 percent.    [FULL  STORY]