Fewer Taiwan Companies Plan to Give Raises This Year: Poll
A survey released Monday says fewer Taiwan companies are planning to give their employees a raise this year than a year ago despite the improving economy. The survey from Taipei-based 1111 Job Bank found that 55 percent of polled companies plan to give employees raises in 2014. This is 9 percentage points lower than numbers...Continue reading
Cabinet Seeking to Encourage Pay Raises
The Cabinet has approved an amendment to the Act for Development of Small and Medium Enterprises that will give corporate tax deductions to such businesses that raise salaries for lower-level employees. According to Economics Minister – Chang Jia-zhu – the amendment offers companies a tax credit, and is expected to lead more than 430 000...Continue reading
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