Unpaid leave policy affects less employees in February: CLA
The China Post news staffTAIPEI, Taiwan -- The number of companies adopting cost-cutting unpaid leave policies and the number of employees forced to go on vacation without pay both dropped sharply in February, showing the economy was improving, according to the latest government figures.
March 2, 2013, 12:02 am TWN
Data published by the Council of Labor Affairs (CLA) yesterday showed that as of the end of February, 42 companies still practiced unpaid leave policies, affecting 2,547 workers. The figures were down from 53 companies and 3,636 workers registered in January.
The CLA said the number of affected workers returned to the level recorded in October 2012.
The numbers of unpaid-leave-affected companies and workers hit a nine-month high in December 2012 at 62 and 4,450 respectively, after which they started to drop, the CLA said.
As of the end of January, 53 companies continued to put employees on unpaid vacation. In February, 18 of them lifted the measure, but seven newcomers joined the list, making it a total of 42, the CLA said.
The unpaid leave situation started worsening in September 2012 after a stable period since March last year.
Companies looking to implement unpaid leave measures to ease their financial burden amid the weak economy have to obtain approval from the CLA.