Taiwan Stock Exchange reveals names of 50 ‘best-paying’ listed companies 

The top 50 best-paying companies traded on the Taiwan Stock Exchange (TWSE) and the Taipei Exchange (TPEx) include Foxconn, TSMC, and Largan. 

Taiwan News
Date: 2018/06/30
By: Sophia Yang, Taiwan News, Staff Writer

TAIPEI (Taiwan News) – Taiwan Stock Exchange Corp. (TWSE) announced Friday a list of the top 50 best-paying TWSE/TPEx-listed companies of 2017, which not surprisingly included the country’s tech giants MediaTek, Foxconn, Taiwan Semiconductor Manufacturing Co., and Largan Precision.

To address the low-pay epidemic in Taiwan, the country’s financial authorities are planning to reveal names of the worst-paying listed companies in 2019. On Friday, a list of the top 50 best-paying companies was announced, as a precursor to a string of the government’s wage increase initiatives.

The low-pay issue has been one of the biggest problems facing the administration of President Tsai Ing-wen. The Cabinet touted near-term and long-term solutions in May, including increasing the minimum wage for the lowest-paid public sector employees and contractors to NT$30,000 (US$1,008) per month “progressively. The Financial Supervisory Commission (FSC) is also rolling out measures to boost salary transparency and push listed companies to share earnings with their staff.

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