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Taiwans firms to raise pay in 2010

In the latest sign that Taiwan’s economy is recovering, 37 percent of local firms have indicated they plan to raise salaries for their workers next year, with the average pay raise at 5.84 percent, according to the results of a survey released Tuesday by 1111 job bank.

Many workers have already received pay hikes this year, as the island begins to emerge from its worst recession in decades. The economy contracted 1.29 percent in the third quarter — the slowest rate in a year.

Workers in the transportation logistics, real-estate and manufacturing sectors received the largest pay hike this year, while those in the real-estate, transportation logistics and financial and business service sectors will see the largest growth in their salaries next year, the survey by 1111 job bank found.

More Info: http://www.taiwanheadlines.gov.tw/ct.asp?xItem=174818&CtNode=39

This entry was posted on Wednesday, December 23rd, 2009 and is filed under Business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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