Fewer companies willing to hike pay next year: surveySHIFT TO SERVICES: Restaurants, hotels and recreational facilities topped the list of sectors willing to raise compensation, replacing high-tech firms, which fell to No. However, only 12.6 percent of companies introduced across-the-board pay raises, as most companies limited the benefit to workers who met performance requirements. For this year, 44.2 percent of companies said they have no intention of adjusting compensation, yes123 spokesman Yang Tsung-pin (楊宗斌) said. The planned pay raise is mainly to attract and retain skilled workers, Yang said, adding that inflation is also a motivating factor. Pay hikes are forecast to average 4.1 percent, or NT$5,236, for entry-level staffers and NT$8,618 for supervisory positions, the job bank said.

Source: Taipei Times December 06, 2022 20:27 UTC