Evergreen Marine, a Taiwanese transport company, has commended staff with enormous year-end rewards ranging from 10 to 50 months of wages each, having followed track 2022 sales revenue.
According to local media, the significant proportion of the firm’s younger employees with a monthly wage of NT$40,000 (S$1,750) were awarded a bonus valued NT$2 million every weekend, which in itself is roughly comparable to ever more than four years’ compensation.
The 2022 compensation package has been even significantly larger than with the corporation’s 40-month bonus in 2021, which set a record in that year for the strongest year-end rewards ever charged by an enumerated Taiwanese organization.
“The corporate had positive earnings and a lot of funds in the bank. Because it was not experiencing growth its commercial operations, it managed to give a portion of this income to its employees in the form of bonus payments, which I assume is very acceptable,” said Professor Chiou Jiunn-Rong, a professor of economics at Taiwan’s National Central University.
Evergreen Marine did not respond to a request for feedback from The Straits Times, despite supposedly revealing local media outlets that staff have always been rewarded according to how they performed.
While its coworkers breathed a sigh of relief, members of staff in some of the company’s parent group Evergreen Group’s other branches, especially the aviation industry venture, were presumably disappointed because they obtained much lesser rewards.
Resulting from the difference in pay, aviation ground handlers for Evergreen Airline Services (EGAS), an Eva Air affiliate, walked out over through the New Year vacation, tends to result in relatively insignificant delays and cancellations impacting 4,000 occupants at Taipei’s Taoyuan Airport.
The construction workers announced that it has received a one-month compensation reward, even though other Eva Air proper compensation and benefits incentives valued a maximum of three months’ wage costs. As reported in the Liberty Times newspaper, approximately one-third of the firm’s 300-odd air crew decided to walk out in mass demonstrations on January 1 and 2.
To make up for the shortage, the company hired temporary foreign workers, and a number of its chief executive officers, which would include EGAS chairman Chen Yo-yu, were captured on camera controlling belongings and sorting cabins.
Airport local forces resumed on January 3, however there are now worries that workers will embark on protest once again during the historically hectic Chinese New Year week later that month.
“Some organizations may choose accept negative recurring monthly wages and benefits for ages and compensate employees with better compensation conversely, as it helps them save money overall. If individuals increase monthly earnings, they will be forced to pay greater in the big scheme of things for workforces’ insurance coverage,” he described.
