Gov't passes GDP-based civil servant bonus plan
By Katherine Wei, The China Post
December 19, 2013, 12:10 am TWN
TAIPEI, Taiwan -- The Legislative Yuan yesterday passed a proposal to reduce the annual year-end bonuses of employees of government-run businesses if the nation's gross domestic product (GDP) falls short of the government's estimates.
According to the lawmakers, the salaries of college graduates and the year-end bonuses of many in the nation reflect the failing economy and are relatively low compared to the salaries of civil servants or those serving in state-run businesses, who are issued four-month yearly bonuses that far surpass the average college graduate's yearly salary. Many college graduates are reported to earn approximately NT$22,000 each month, and companies have been issuing a one-month-salary bonus to employees.
Opposition Democratic Progressive Party (DPP) Legislator Hsu Tain-tsair (許添財) went on to suggest that the issue of civil servant bonuses should depend on whether the year's GDP exceeds the government's expectations. “Civil servants and employees of government-operated businesses may receive as much as 4.6-months' worth of salary for their annual bonuses, but the number seems to contradict Taiwan's economic condition right now. I feel that their bonuses should be cut when the GDP is decreasing,” said Hsu.
“Those working for government-run businesses are slated to receive yearly bonuses from NT$110,000 to NT$360,000, including employees of companies with obvious financial losses like Taipower, Taiwan Railways Administration and Taiwan Water Corporation, who receive at least 2.8 months' bonuses; college graduates only get NT$220,000; what will the people think?” demanded DPP Legislator Hsueh Ling (薛凌).
After being berated by the legislators, the Legislative Yuan's Finance Committee passed the proposal that would determine the year-end bonuses of state-run business employees in the future.
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