Reported 3 months ago
Formosa Plastics Group has finalized its annual salary increase, approving a 3% rise effective from 2024, with an average increase of NT$1,740 per employee. The decision comes after a negotiating meeting led by CEO Wang Wenyuan, emphasizing the importance of adapting to market changes and enhancing operational effectiveness amid ongoing economic challenges. The adjustment excludes food allowances, which remain at NT$2,400 per month, as the company aims for sustainable growth while navigating geopolitical tensions.
Source: YAHOO