The results represented a slight retreat from last month amid uncertainty over the US-China trade dispute, Cathay Financial said. Nearly 80 percent of respondents said that GDP growth next year might be between 2 and 2.8 percent, it showed. The survey showed that 60.9 percent of respondents expect their wages to stagnate in the next six months, while 21.7 percent expect a raise and 17 percent anticipate a decline. It is common for Taiwanese employers to distribute year-end bonuses in line with corporate profitability. Year-end bonuses, which are typically handed out ahead of the Lunar New Year holiday, averaged NT$70,164 (US$2,323) per employee this year, the Directorate-General of Budget, Accounting and Statistics said.


Source:   Taipei Times
December 20, 2019 15:56 UTC