By: Ko Lin, Taiwan News, Staff Writer
Less than half of the companies in Taiwan will offer pay raise to their
employees this year, according to the results of a survey released Thursday.
Citing the results of the survey, online job bank 104 said only 31 percent of companies in Taiwan will raise salaries for their employees, a drop from 38 percent last year. The average pay raise also decreased from the initial 4.01 percent at the start of 2015 to the current 3.54 percent, it added.
The top five sectors showing the highest pay raises for 2016 were: finance 6.94 percent; telecommunications 5.93 percent; petrochemical 4.38 percent; restaurants 4.1 percent; and Internet software 3.98 percent.
Hua Tsi-hsing, chief operating officer at 104’s Human Resources department, said the results reflected on how well the companies performed last year. [FULL STORY]