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Taiwan's Formosa Plastics to reward year-end bonuses equivalent to a 5-month salary

The Formosa Plastics Group (FPG) has decided to issue year-end bonuses equivalent to 4.94 months-worth of salary, reported by Central News Agency.

The year-end bonuses are expected to given out ahead of the Lunar New Year holiday to celebrate the Year of the Rat. Formosa Plastics Groups is one of the largest conglomerates and high revenue earning among company groups in Taiwan.

FPG consists of Formosa Plastics Corp., Nan Ya Plastics Corp., Formosa Chemicals & Fibre Corp., and Formosa Petrochemical Corp.

In the previous year, FPG also gave a cash gift of NT$15,000 in addition to the year-end bonus, though the group now scraped it.

It is unclear if migrant workers are also part of the said bonus but still they will take some bonuses from the company owing their hard work.


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