MediaTek to pay employees NT$160 million in sports day bonuses

The China Post
Date: November 19, 2017
By: Esme Jiang and Frances Huang

TAIPEI (CNA) – Taiwan-based integrated circuit designer MediaTek Inc. (聯發科)

Staff from Taiwan-based integrated circuit designer MediaTek Inc. enjoy the company’s annual sports day on Saturday, Nov. 18, 2017. The vent, which also marked the 20th anniversary of the company, MediaTek Chairman Tsai Ming-kai said every employee formally hired before Sept. 30 will receive a bonus of NT$10,000. (CNA)

announced plans to hand out about NT$160 million (US$5.31 million) in bonuses to employees during the company’s sports day on Saturday.

At the event, which is also the firm’s annual family day and celebrates the 20th anniversary of the company being established, MediaTek Chairman Tsai Ming-kai (蔡明介) said every employee formally hired before Sept. 30 will receive a bonus of NT$10,000.

According to MediaTek, about 16,000 employees are eligible for the sports day bonus. As with some other high-tech firms in Taiwan, MediaTek traditionally announces a cash gift to employees on its annual sports day to supplement year-end and quarterly bonuses and show gratitude to employees for all their hard work.

Tsai said he was delighted to see employees attend the sports day and also happy to see so many family members in attendance.    [FULL  STORY]

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