Terry Gou puts forth ideas to tackle salary stagnation

Focus Taiwan
Date: 2019/05/22
By: Chang Chien-chung and Frances Huang

Taipei, May 22 (CNA) Hon Hai Precision Industry Co. Chairman Terry Gou (郭台銘), who

Hon Hai Precision Industry Co. Chairman Terry Gou (郭台銘) / CNA file photo

is seeking to run for president next year, proposed a series of measures Wednesday to address the problem of salary stagnation in Taiwan.

In a Facebook post, Gou said that if elected president, he will use big data technology to set up a site that will show the salary levels in listed companies and their profitability.

That will give jobseekers a better idea of which companies are willing to share their profits with their employees by offering good pay, said Gou, one of the wealthiest men in Taiwan.

Such transparency will also prompt low-paying employers to raise salaries, he added.

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