Returning Taiwanese Businesses Seek 'De-linking' of Wages

Taiwanese businesses who are under increasing pressure to move operations back to Taiwan from China are asking the government to separate wages for foreign workers from the minimum wage, says the China Post.

 

According to the Post, if the government is willing to help "de-link" the wages, Taiwanese companies will hire up to 700,000 foreign workers and create 300,000 jobs for Taiwanese people.

 

The companies are also asking that government to release state-owned land to accommodate the additional manufacturing plants.

 

Responding to the demands of the business sector, Premier Wu Den-yih says that while it is impossible to de-link the wages, the government will adopt other measures to help investors to reduce their overall operations costs.
 

Suggested Articles

Some of you might have already been aware of the news that Questex—with the aim to focus on event business—will shut down permanently all media brands in Asia…

Some advice for transitioning into an advisory role

Global risks are intensifying but the collective will to tackle them appears to be lacking. Check out this report for areas of concern