Sun, Apr 14, 2013 - Page 3 News List

PhD holders earn only 11.9% more than average

Staff writer, with CNA

The average salary of a doctorate holder in Taiwan is NT$51,333 (US$1,715), only 11.87 percent higher than the average salary of Taiwanese nationals, according to an online job bank.

The survey conducted by the 1111 Job Bank on the employment situation of people with a higher education showed that the average monthly salary of those who have a bachelor’s degree in Taiwan is NT$36,871. Those with a master’s degree earn on average NT$43,750 a month, or NT$6,879 more than those with a bachelor’s degree.

And at NT$51,333, the average monthly salary of a doctorate holder is only NT$5,445, or 11.8 percent, more than that of the average salary in Taiwan, which stood at NT$45,888 last year, said 1111 Job Bank, citing government statistics.

The survey also showed that 80.6 percent of those who have a bachelor’s degree or higher qualification think that having such degrees was no longer a guarantee of a good job, and 42.6 percent said that a higher education actually caused problems for them.

In a multiple choice questionnaire, 41.18 percent of the people surveyed said that their salary has not met their expectations, while 29 percent said that employers suspected they would ask for a high salary, while 28 percent said few businesses offer positions for people with a higher education.

Henry Ho (何啟聖), an executive of 1111 Job Bank, said the job market places more emphasis on work experience, and employers generally think a doctorate holder is older and would ask for a higher salary.

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