THSRC implements pay increase - News Summed Up

THSRC implements pay increase


THSRC implements pay increaseSTABLE REVENUE: Taiwan High Speed Rail Corp has also given bonuses to employees who did government disease-prevention work from February to last monthBy Shelley Shan / Staff reporterTaiwan High Speed Rail Corp (THSRC) on Monday said that its pay increase plan, which was scheduled for January but still not implemented when it was postponed due to the COVID-19 outbreak, would retroactively take effect on Aug. 1, after it hit its target revenue for two consecutive months. As the company has reached the benchmark it set for itself, THSRC chairman Chiang Yao-chung (江耀宗) announced at an incentive banquet on Monday night that the pay increase plan for all employees would retroactively take effect from Aug. 1. Aside from the pay increase, the company also gave bonuses to employees who did government disease-prevention work between February and last month. The THSRC Labor Union said it accepted the decision from the company’s management to resume the pay increase plan and appreciated that they had taken the union’s suggestions into consideration, although it would have preferred the plan to have retroactively taken effect on Jan. 1. “We hope the company will see how hard employees have worked and reward them accordingly.”


Source: Taipei Times August 25, 2020 15:56 UTC



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