65% of Taiwan companies to pay year-end bonuses: poll

Despite Taiwan's weak economic growth, approximately 65 percent of companies in the country will offer year-end bonuses to their employees this year, according to a survey released by an online employment broker Monday.

The survey revealed that 64.7 percent of companies plan to give year-end bonuses this year, an increase from 52 percent last year.

Only 7.5 percent of companies have decided not to give year-end bonuses, compared with 38 percent last year, according to the poll.

The remaining 27.8 percent of companies have not decided whether to offer year-end bonuses, up from 10 percent last year, the survey found.

Among those companies that will pay year-end bonuses, 69.8 percent are planning to give a similar amount as last year, 18.6 percent will offer more, and 11.6 percent will pay less, the poll showed.

If Taiwan's economic growth reaches 1 percent or higher, 64 percent of companies will increase their bonuses, according to the survey.

It was conducted by yes123.com.tw on 931 companies between Oct. 13 and 31 and had a margin of error of plus or minus 3.21 percentage points.

Source: Focus Taiwan News Channel