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Firms to raise pay on government's cue

LCD panel maker Innolux Corp (群創) yesterday announced pay raises for its employees, joining a host of local companies in increasing employee payrolls after the Executive Yuan on Thursday approved a 4 percent pay raise for public-sector workers to take effect next year.
From Jan. 1, the monthly salary of those who have a bachelor’s degree could be as high as NT$44,000 (US$1,581.60), while those who have a master’s degree could earn up to NT$58,000, Innolux said in a statement.
The company said its move was in response to the government’s call for profitable companies to adjust salaries and share growth with ....

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