By: Chiu Po-sheng and Frances Huang
Taipei, Nov. 25 (CNA) The average starting salary received by new graduates in their first job in 2016
fell about 4 percent from a year earlier, although the local economy showed signs of improving, according to a survey released by the online 1111 job bank on Friday.
The job bank said that average starting wages received by new graduates in their first full-time job was NT$26,250 (US$820), down NT$1,074, or almost 4 percent from the previous year.
1111 Job Bank Vice President Daniel Lee (李大華) said that despite signs of an economic recovery, the pace remained slow, which made first-time jobseekers cautious when looking for work.
Lee said that the lower starting salaries showed many new graduates preferred to secure a job with lower compensation in the first place and then set their sights on a better job with higher compensation in the future. [FULL STORY]