Radio Taiwan International
Date: 2017-11-10

Premier William Lai has called on Taiwan’s companies to distribute their profits to the

Lai said companies should share the wealth with employees. (CNA photo)

employees by raising wages.

The Cabinet held a press conference on Friday to introduce latest strategies to tackle shortages in labor and professional talent. The premier said he hopes companies will act to address a longstanding problem of stagnant wages.

Lai said, “[Companies] should make sure that their profits are distributed to their employees. At the same time, starting salaries need to be higher. For our listed companies and international corporations, it is too low to offer less than NT$30,000 as a starting wage. The statistics office said an average starting salary is around NT$28,000. I think there is room for increase.”    [FULL  STORY]