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Average year-end bonus at tech firms to hit 1.7 months of wages: job bank

Average year-end bonus at tech firms to hit 1.7 months of wages: job bank Employees at tech companies can expect to receive an average of 1.7 months of wages as their year-end bonus this year. That''s according to a local job bank survey on Taiwanese employers. A spokesman at the job bank said that tech bonuses have been slipping in recent years, reflecting employer caution amid the U.S.-China trade war.These students participated in a program offered by Asustek Computer and National Taipei University of Technology. Due to a persistent talent shortage, tech companies have increasingly turned to college campuses, where they offer kids a foot in the door of a promising career.Member of the publicMy impression of the tech industry is that the bonuses are quite big. It feels like tech bonuses are a bit bigger than those for the typical office worker. Member of the publicMy impression of the tech industry is long hours, massive paycheck.Delta Electronics offers a fixed bonus of two months’ wages along with holiday bonuses and dividends. Employees receive at least 20 months of salary each year. Hon Hai also gives a two-month bonus. At Pegatron, employees collect 16 to 18 months’ salary each year. Compal Electronics gives holiday and year-end bonuses worth up to three months’ wages.Yang Tsung-binJob bank spokesmanIt’s true that the monthly base used to determine bonuses has gone down slightly. I see this as the impact of the broader trade war. However, in comparison to other industries, the tech industry could still raise wages this year.A local job bank says that, due to variables like the U.S.-China trade war, the average tech bonus has decreased in recent years. It’s gone from a reported 1.83 months’ wages in 2017 to 1.75 months’ in 2018. According to a job bank survey, this year’s bonus will weigh in even lower, at 1.7 months.

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