By: Chen Cheng-wei and Frances Huang
Taipei, July 22 (CNA) The average wage in Taiwan for the first five months of this year rose 3.54 percent from a year earlier, largely in reflection of year-end and performance bonuses distributed during the period, according to government statistics released Wednesday.
Taiwanese employers tend to issue year-end and performance bonuses before the Lunar New Year holiday, which fell in February this year.
In the five-month period, the average monthly wage, including regular salary and non-regular salary such as overtime pay and bonuses, stood at NT$53,746 (US$1,723), up from NT$51,906 recorded over the same period of last year, the Directorate General of Budget, Accounting and Statistics (DGBAS) said. [FULL STORY]