[ad_1]
Terry Gou (by the Central News Agency)
TAIPEI (Taiwan News) – The Taiwanese electronics manufacturing giant Foxconn Technology Group is reported to be increasing its wages in a widespread manner, a move that some believe is a way for founder Terry Gou to woo voters after announcing his candidacy for the presidency.
The company has verified information on the salary adjustment in a statement, saying that a 7% wage increase on average would be applied to workers who have been employed for at least a year, UDN said. The proposal, which comes into effect this month, is part of Foxconn's efforts to retain talent, the statement added.
The extent to which payment will increase will depend on performance, and Foxconn subsidiaries and affiliates will also review their salary adjustment policies based on their respective profitability and competitiveness, the report adds.
An employee of Foxconn, who requested anonymity, confirmed the proposed wage increase, but rejected the information that it would be as high as 10%. The employer thought that an increase of about 5% could be expected, reported UDN.
This decision sparked speculation that Gou allegedly bribed voters with a pay incentive, after a netizen announced the news on Taiwan's PTT bulletin board system on Monday (June 10). Quoting a friend working at Foxconn, the netizen indicated that the 10% payroll increase was the last order issued by Gou before he left Foxconn as president in the coming months.
[ad_2]
Source link