Highest-ever bonuses given last year - News Summed Up

Highest-ever bonuses given last year


Highest-ever bonuses given last yearStaff writer, with CNAEmployees in Taiwan received an average bonus of NT$70,513 (US$2,479.8) for last year, the highest-ever despite economic fallout from the COVID-19 pandemic, the Directorate-General of Budget, Accounting and Statistics (DGBAS) reported on Tuesday. The average year-end bonus for last year, up from NT$69,577 in 2019, was calculated by combining all non-regular wages, such as bonuses, that employees received from December last year to February this year, it said. Photo: Clare Cheng, Taipei TimesIn Taiwan, companies tend to give year-end bonuses as an incentive to their employees before the Lunar New Year holiday. The three sectors with the highest year-end bonuses last year were finance and insurance (3.92 months), real estate (2.39 months) and manufacturing (1.82 months). The sectors with the lowest year-end bonuses were those hardest-hit by the pandemic: the hospitality and food and beverage industries (0.49 months), as well as arts, entertainment and recreation venues (0.46 months), Chen said.


Source: Taipei Times April 14, 2021 15:56 UTC



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