China Airlines plans to give its employees 6.6 month annual bonus: report
Employees of China Airlines could receive more than six months’ worth of salary as their annual bonus.
A report by local media outlet Focus Taiwan suggests that the Taiwanese flag carrier plans to give NT$145,000 ($4,276) to each of its employees, on top of a year-end bonus equivalent to an average 6.6 months of salary.
In a company letter to its employees seen by the news outlet, the airline explained that the NT$145,000 ($4,276) payment consists of NT$110,000 ($3350) as a fixed bonus and NT$35,000 ($1066) as an incentive award.
In addition to the bonuses and an extra 6.6 months of salary, China Airlines also plans to raise wages of its employees by an average of 3%.
The proposed bonuses and raise will be presented to the airline’s board of directors for approval on January 13, 2025.
Meanwhile, a report by Central News Agency claims that two other Taiwanese carriers also intend to give out a year-end bonus to its employees: in the case of EVA Air, a six-month bonus and a 3.5% wage increase, and for STARLUX, a two-month bonus and a 5% wage increase.
In May 2024, Singapore Airlines gave its employees eight months’ worth of salary as a bonus after the group reported a record profit of SG$2.7 billion ($1.99 billion) for the fiscal year ending March 31, 2024.
In the same month last year, Emirates awarded eligible employees five months’ (20 weeks) salary as a bonus after the company announced a significant profit of AED 18.7 billion (US$5.1 billion).
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Employees of China Airlines could receive more than six months’ worth of salary as their annual bonus. A…
The post China Airlines plans to give its employees 6.6 month annual bonus: report appeared first on AeroTime.
