Salary at listed firms rises 4%FIRST PLACE: Foxconn Technology Co, a subsidiary of Hon Hai Precision Industry Co, registered an average annual wage of NT$4.19 million and a total of 171 employeesBy Kao Shih-ching / Staff reporterThe average annual salary of employees at publicly listed firms last year rose 4 percent year-on-year to NT$967,021 (US$34,884), beating the nation’s GDP growth of 2.98 percent, but the firm with the highest average wage offered 12.5 times more than the one with the lowest, indicating uneven salary growth in Taiwan, the Taiwan Stock Exchange (TWSE) said. In 2019, Swancor Holding Co (上緯投控) had the highest average annual wage at NT$5.16 million and home appliance supplier Taiwan Sanyo Electric Co (台灣三洋) the lowest at NT$327,000. Global Brands Manufacture Ltd (精成科技) was the exception: The firm produces printed circuit boards and had an average wage of NT$3.46 million. Retail conglomerate Mercuries & Associates Holding Ltd’s (三商投資控股) average wage ranked ninth at NT$3.23 million, followed by Lien Hwa Industrial Holdings Corp (聯華實業投資控股) with NT$3.2 million. As for Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), its average annual wage ranked 18th at NT$2.39 million, with 47,908 employees.

Source: Taipei Times June 06, 2021 15:56 UTC