MediaTek, Novatek and Ruiding saw a sharp increase in profits in 2021, with an average annual salary of more than NT$500 million

Abstract: News on April 4, according to Taiwan's Central News Agency, chip design manufacturers MediaTek, Novatek and Ruiding have a bright profit performance in 11, and employee salaries are also rising with the tide, with an average annual salary of more than NT$2021 million (about RMB500.109 million), more than 8 times higher than TSMC's average annual salary of NT$246.3 million.

News on April 4, according to Taiwan's Central News Agency, chip design manufacturers MediaTek, Novatek and Ruiding performed brilliantly in 11, and employee salaries also rose with the tide, with an average annual salary of more than NT$2021 million (about RMB500.109 million), more than 8 times higher than TSMC's average annual salary of NT$246.3 million.

With the release of the 2021 financial report, the dividends of employees of Taiwan's listed technology companies have been exposed one after another. A few days ago, a salary breakdown suspected to be an employee of Novatek went viral on the Internet, with dividends as high as NT$1.120 million, making Novatek the focus of attention from all walks of life. Novatek said that it is impossible to distinguish the authenticity of online information, but this year's dividend will be better than last year.

In fact, in addition to the surge in employee dividends with the jump in corporate profits, semiconductor manufacturers have carried out structural salary adjustments in recent years under the serious shortage of talents and fierce competition in the labor market, and have made every effort to launch a war to grab people, so that the overall salary of employees of enterprises is generally high.

Semiconductor equipment giant ASML carried out a wave of salary increases for Taiwanese employees in July 2021, and again earlier this year, and it is estimated that since July last year, the salary increase will be as high as 7% to 7% in just six months.

According to the public information observatory, the average annual salary of TSMC's employees last year was NT$246.3 million, an increase of about 2020.239% from NT$2.2 million in 97, an increase not as high as imagined by the outside world, possibly because the number of employees increased from 47,917 to 54,193, and the average dividend per employee did not increase but decreased.

MediaTek, Novatek and Ruiding grew in profit multiples last year, and employee salaries jumped simultaneously, and the average annual salary of employees in the three companies exceeded NT$3 million last year, which is more than 500 times higher than TSMC, an increase of 1%, which is quite generous.

Among them, the average annual salary of employees of MediaTek last year was NT$513.79 million, an increase of 50%; The average annual salary of Novatek employees also reached NT$516.2 million, an increase of 58.39%; The average annual salary of Ruiding employees was as high as NT$611.9 million, an increase of 152.27%.

In addition to the operation situation, the company formulates employee salary policies and will evaluate prices and market salary levels, technology industry employees this year salary is still expected to grow, TSMC chairman Liu Deyin recently said that this year's routine salary increase "everyone will be very happy", but also make TSMC employees full of expectations.

Editor: Xinzhixun-Lin Zi Source: Central News Agency