The number of temp workers who are dispatched by employment agencies reached 33,000 people last month, up 151.8 percent from a year ago, the 104 Job Bank said in a report yesterday.
The online manpower agency said financial, insurance, electronics and manufacturing sectors were among local industries offering the most temporary jobs.
“With the economic recovery picking up momentum demand for temp workers among enterprises has increased markedly,” Shelly Wu (吳麗雪), the job bank’s operations officer, said in the report.
Nearly 70 percent of respondents said temporary hiring was not only more flexible, but it also increases corporate competitiveness, Wu said.
The survey, which polled 1,016 people between Jan. 28 and 29, showed that 34 percent of enterprises said they hired temp workers to reduce human resource costs while 31 percent said they did so as a result of seasonal factors.
Wu said that more and more people were starting to accept temp positions as the number of jobseekers who were willing to accept positions on a temporary contract had increased by 40 percent in the past three years.
The Council of Labor Affairs recently drafted amendments to the Labor Standards Act (勞動基準法) stating that temps may not exceed more than 10 percent of a company’s payroll and that a company cannot choose temps dispatched by employment agencies.
More than 30 percent of corporations said they would continue to hire employees on a temporary basis, although nearly 40 percent did not express an opinion on the matter, the report said.
Wu said that white-collar temporary hiring was a growing trend and some temps are paid at an even higher wage than regular salaried workers.
“For instance, some companies pay more than NT$60,000 a month to recruit software engineers or more than NT$50,000 a month to hire financial professionals on a temporary basis,” she said.
HSBC Holdings PLC is deepening its commitment to Taiwan as the economy emerges as one of the bank’s fastest-growing markets globally, driven by an artificial intelligence (AI) investment boom, expanding cross-border trade, and rising wealth creation. “The advantage that Taiwan has is a growth story linked to the semiconductor and broader AI industries, strong underlying corporate performance, and wealth creation,” said Surendra Rosha, HSBC’s co-chief executive for Asia and the Middle East, in an exclusive interview with the Taipei Times on June 2, during this year’s HSBC Taiwan Conference. That combination has helped HSBC cement its position as the most profitable international
The New Taiwan dollar yesterday fell sharply against the US dollar to close at its lowest level since May 22 amid a massive outflow of funds from the country because of investors panicking over global equity markets. The NT dollar ended at NT$31.580 against the US dollar, slightly lower than its close of NT$31.568 on May 22, after moving between NT$31.5 and NT$31.648 on combined turnover of US$3.062 billion on the Taipei Foreign Exchange and the Cosmos Foreign Exchange. The NT dollar received a significant hit in the morning session, slumping as much as NT$0.173 at a time when other Asian currencies
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is now ranked ninth among the world’s 100 most valuable companies after its market capitalization more than doubled over the past year, PricewaterhouseCoopers (PwC) Taiwan said in a report last month. TSMC’s market capitalization surged 101 percent year-on-year to US$1.427 trillion as of March 31, the accounting and consulting firm’s 2026 Global Top 100 Companies by Market Capitalization report said. The gain catapulted the world’s largest contract chipmaker from 12th place to ninth in the rankings, and it was the fastest-growing among the global top 10, it said. TSMC was the only Taiwanese company among the top
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday reported record revenue of NT$416.975 billion (US$13.17 billion) for last month, putting the world’s largest contract chipmaker on track to set a record for quarterly revenue. Last month’s figure surpassed March’s record NT$415.19 billion and represented increases of 1.5 percent from April and 30.1 percent from a year earlier. For the first five months of the year, TSMC generated NT$1.96 trillion in revenue, up 30 percent year-on-year, it said in a statement. TSMC has forecast second-quarter revenue of between US$39 billion and US$40.2 billion, representing sequential growth of about 10 percent and year-on-year growth of about
RSS