$1,750 salary but $87,000 bonus: Taiwanese company gives employees up to 52 months in bonuses

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TAIPEI – Taiwanese shipping giant Evergreen Marine has rewarded employees with massive year-end bonuses worth between 10 and 52 months of salary each, after posting bumper 2022 profits. Local media outlets reported how most of the company’s junior workers with a monthly salary of NT$40,000 (S$1,750) took home a bonus worth NT$2 million each last weekend, which is equivalent to...

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The 2022 payout is even higher than the 40 months’ bonus that the company paid in 2021, which had set a record at the time for the highest year-end bonus ever paid by a listed Taiwanese company. Evergreen Marine did not immediately respond to The Straits Times’ request for comment, though it previously told local reporters that workers were compensated based on their performance.

The ground staff were reportedly given one month’s salary as bonus, while other Eva Air workers were given bonuses worth up to three months’ wages. This is not the first time that Eva Air has found itself at the centre of controversy over low bonuses. In 2021, more than a quarter of its ground staff reportedly quit after receiving a bonus of NT$10,000 each.

 

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