Salary cuts were announced yesterday for the chairmen of EasyCard Investment and Holdings Co and EasyCard Corp, following controversy over whether the dual appointments amounted to the Taipei City Government adding a sinecure.
EasyCard Investment Holding Co chairman Kenneth Lin (林向愷) and EasyCard Corp chairman Tai Chi-chuan (戴季全) emerged from a meeting with Taipei Mayor Ko Wen-je (柯文哲) to say that their salaries would be cut by NT$50,000 (US$1,600) to NT$250,000 per month.
Factoring in regular annual bonuses, the reduction could cut their yearly salary to NT$3.5 million from NT$4.2 million, with no additional benefits.
Lin said the cut minimized any “shock” to the firm by protecting the salaries of other employees.
“Any lower and the firm’s entire salary structure would have to be adjusted,” Lin said.
He added that the monthly salary for the assistant general managers directly below the chairmen was about NT$220,000.
Because its salaries already reflect market rates, any cuts across the board would “finish” the firm by influencing its ability to attract and retain talent, he said.
The appointment of separate chairmen for the firms attracted criticism because of Ko’s earlier promises to eliminate “fat cat” positions within the city government.
Previously, EasyCard Corp heads also held the EasyCard Investment leadership role.
Lin reiterated that separating the functions of the firms was necessary, as the holding firm runs additional companies.
He said that additional spending was avoided by eliminating the EasyCard Corp chief executive role, whose duties Tai is to assume.
Tai — a Web entrepreneur who served as a Web consultant for Ko’s mayoral campaign — said it is important to respect the salaries set by the companies’ boards.
When asked about his ability to make a contribution to EasyCard Corp, he said his campaign performance spoke for itself.
Previously, Tai quoted Ko as saying that he understood that “paying [a salary of] bananas” would only “hire monkeys,” but Tai still had to prove he was not a monkey.
Taipei City Councilor William Hsu (徐弘庭) of the Chinese Nationalist Party (KMT), who was a special assistant to former KMT Taipei mayoral candidate Sean Lien (連勝文) when Lien was EasyCard Corp chairman, said the salary reduction and elimination of the chief executive position were a “game” to obscure the fact that a special position had been created for Tai.
Given that the chairman is responsible for corporate vision, there is no need for two within the EasyCard family, he said.
Hsu added that neither Tai nor Lin would have been qualified to serve as chief executive — a role reserved for company insiders.
Food delivery provider Foodpanda had 564 consumer disputes from January to last month and failed to attend many mediation sessions with local governments nationwide, the Executive Yuan’s Consumer Protection Committee said. In a news release earlier this month, the committee said that it investigated consumer complaints and mediations for Foodpanda and rival Uber Eats during the period, when the number of delivery orders jumped due to the COVID-19 pandemic. Uber Eats had 80 consumer disputes, the committee said. Of Foodpanda’s consumer disputes, 368 resulted from delivery drivers canceling orders after customers could not be reached, 108 were related to the quality or quantity
‘HONEYMOON’ IS OVER: A political science professor said that the Tsai administration’s popularity peaked after it successfully contained COVID-19, but is waning President Tsai Ing-wen’s (蔡英文) and Premier Su Tseng-chang’s (蘇貞昌) approval ratings fell significantly this month in the wake of the government’s handling of the distribution of relief funds and stimulus coupons to people and businesses affected by the COVID-19 pandemic, a poll released yesterday by the New Power Party (NPP) showed. The poll showed that 68 percent of respondents said they were satisfied with Tsai’s performance, down 8.9 percentage points from last month, while 21 percent said they disapproved of her performance. Her approval among respondents aged 20 to 29 fell 14.7 percentage points, the largest decrease when compared with other age
Passengers arriving at Taoyuan International Airport will find that most entrances to both terminals have been sealed off as part of its COVID-19 prevention efforts. Follow the signs and directions posted on the doors to find the nearest entry point. The airport has installed infrared cameras and thermometer guns at all open entrances, and all persons with a temperature of over 37.5 degrees Celsius are prohibited from entering the terminal. In addition, staff will take the temperature of those checking in to their flights in advance at Airport MRT stations A1 and A3. In accordance with the Centers of Disease
PILLAGING PENGHU: A 7,539-tonne Chinese ship found mining sand in the Formosa Banks area was escorted by several CGA ships to a Kaohsiung harbor The Coast Guard Administration (CGA) yesterday announced that it had dispatched ships to intercept Chinese dredging vessels operating in the nation’s territorial waters near Penghu and detained 10 crew members, who were transported to Kaohsiung. A coast guard patrol discovered more than 20 dredging vessels in an area known as the Formosa Banks, 46 nautical miles (85km) southwest of Penghu County’s Cimei islet (七美) at about 5am on Wednesday. The agency responded by dispatching two patrol boats, the 3,000-tonne Kaohsiung and the 500-tonne Penghu, along with two frigates, to intercept the Chinese vessels, while an airborne observation unit was used to monitor