TSMC Attracts Talent! Screw Factory Retains Employees by Building Free Houses for 15 Years

Reported 11 months ago

As TSMC sets up a factory in Kaohsiung, not only are they attracting talent from the tech industry, but they are also causing headhunting situations for a screw factory in Gangshan. To retain talent, the factory is actively in talks with the Kaohsiung City Development Bureau to construct labor housing, with some reserved for employees to live in. After 15 years, these houses will be given to the employees for free. The factory, known for producing screws for over 40 years, is facing competition from TSMC offering twice the salary of a mold maker earning 70,000 per month.

Source: YAHOO

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