Taiwan shipping giant Evergreen gives up to 52 months’ pay as year-end bonuses

TAIPEI (The Straits Times/Asia News Network): Taiwanese shipping giant Evergreen Marine has rewarded employees with massive year-end bonuses worth between 10 and 52 months of salary each, after posting bumper 2022 profits.

Local media outlets reported how most of the company’s junior workers with a monthly salary of NT$40,000 (S$1,750) took home a bonus worth NT$2 million each last weekend, which is equivalent to four years’ pay.