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Hon Hai workers to get pay raise from April
Central News Agency
2014-03-12 11:06 PM
Taipei, March 12 (CNA) Most employees of the Hon Hai/Foxconn Technology Group will get a pay raise from April as part of the group's efforts to take care of its staff amid rising consumer prices, group chairman Terry Gou said Wednesday. In view of rapidly increasing consumer prices since the beginning of this year, the group has decided to offer the wage increase from next month, instead of May as previously planned, Gou said. Hon Hai workers who earn less than NT$1.2 million (US$40,000) a year will get a minimum monthly pay hike of NT$3,000 from next month, bringing their wages to at least NT$26,000 per month, according to the company's vice president Dai Cheng-wu. The group will review its salary policy every six months and will increase wages every year, Dai said. Hon Hai last gave a pay raise in November 2013, hiking wages by an average 6 percent. At a media event in the afternoon, Gou said his group will need to employ over 15,000 people in Taiwan this year to maintain a workforce of 1 million -1.2 million, as it is seeking to diversify its business and upgrade its product quality. In China, where Hon Hai operates large factories, the number of workers had been reduced from 1.5 million in 2012 to 1 million as of the end of 2013 as a result of the group's automation efforts. Stressing that Hon Hai is willing to make investments at home, Gou said the group needs to recruit sufficient manpower, including experienced managerial talent. On the news that Google Inc. is planning to hire more engineers in Taiwan, Gou said major Hon Hai-affiliated companies are willing to double or triple the pay of those engineers with definite job offers from Google. (By R. F. Chung and Flor Wang)
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