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NO PAY HIKE FOR MOST TAIWAN OFFICE WORKERS OVER PAST 3 YEARS.

AsiaPulse News

| November 01, 2006 | COPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TAIPEI, Nov 1 Asia Pulse - The majority of office workers in Taiwan have received no pay hike over the past three years, forcing many of them to seek moonlighting opportunities, according to the results of a survey released Tuesday.

The survey was conducted online by 104 Job Bank in cooperation with Smart magazine on 1,651 office workers from Oct. 3-11. It has a margin of error of plus or minus 2.4 percentage points.

The survey found that the pay of 55.5 per cent of the respondents has remained the same over the past three years, while 13.3 per cent of those polled have experienced a pay cut during the period.

Of the workers who have seen their pay decrease, approximately 40 per cent have experienced a cut in salary of more than 5 per cent, according to the survey.

Among workers in the 36-55 age group whose family financial burden are heavier than others, as many as 23 per cent have suffered a pay cut.

While 24.4 per cent of the respondents have found a second job to boost their income, 80 per cent of those who have not done so are planning to follow suit, according to the survey.

In addition to financial considerations, 34.4 per cent of the respondents think taking a second job can increase their expertise and skills, 28.8 per cent think the experience can serve as a springboard to entering a new profession or starting their own business, and 27.5 per ...

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Source: HighBeam Research, NO PAY HIKE FOR MOST TAIWAN OFFICE WORKERS OVER PAST 3 YEARS.

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