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Reflect before complaining about low wages: magazine founder

Young members of society should review their own abilities and dedication before blaming the government for their low income, founder of Global Vision Monthly (遠見雜誌) Charles Kao (高希均) said yesterday.

National Taiwan Normal University yesterday held a summit of cooperate education, and Kao, Waterland Financial Chairman Wei Chi-lin (魏啟林) and Sinyi Realty Chairman Chou Chun-chi (周俊吉) were all invited to the summit to talk about Taiwan's education system with students.

During the summit, Kao said that Taiwan is one of those rare countries where the average education level for the young people is high, but they still wish to be able to depend on the government.

“The youth lash out against the government with strong criticism, but at the same time, they also hope the government can accomplish everything for them,” said Kao. “Taiwan is the only nation in the world that people demand the most but dedicate the least when facing the government.”

Kao said that many graduates from national universities complain about their NT$22,000 monthly salary, but there are more jobs out there that pay a lot higher.

“If they do not have enough abilities to receive higher pay, they should blame themselves for not working hard enough instead of criticizing the government,” said Kao.

He continued that whether or not a monthly wage of NT$22,000 is qualified as low wage depends on the supply and demand of the market.

“If a job that pays NT$18,000 a month and there are still people willing to accept it, it does not qualify as low wage,” said Kao. “However, if no one is willing to take a job that pays NT$15,000 a month, the salary is qualified as low wage.”

Wea said that the greatest issue of Taiwan's education system is the devaluation of diplomas.

“For many companies, a college student now equals a high school student of the past, and a graduate school student equals a college student before,” said Wei. “Students nowadays should work on making their diplomas more valuable.”

Wea added that students should focus on becoming a talent that corporations will be willing to invest in.

An English major of National Taiwan Normal University who attended the summit said that it is true that most students are not incompetent, but it is also another problem that many corporations are used to hiring talents with low wage. Both sides should put in more efforts to improve the current issues of Taiwan's education system, the student added.

June 4, 2014    curtisakbar@
Basically, low wages exist due to market saturation. Most wages in Taiwan have stagnated over the past ten years and some have even gone down. There is no easy answer to improve wages but when you have CEOs saying it's not a low wage because people accept the job, there is a problem and this will increase the wealth divide as the top dogs will keep lower wages to max their profits.
June 8, 2014    ludahai_twn@
Arrogant businessmen who have been assisted by government policies are more to blame. They have shifted much of their production to China and import foreign workers, both phenomena continue to depress wages here.
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