The service sector employs more than half of Taiwanese workers, with the average annual wage in the sector reaching about NT$477,000, and most of the jobs in the dining, retail and transportation sectors, a survey by 1111 Job Bank showed.
The service sector used to be thought of as offering low wages because it had an easy entry threshold, job bank vice president Daniel Lee (李大華) said, adding that starting salaries in the sector did use to lag behind other industries.
As a result, many of the nation’s jobseekers used to shun openings in the industry, he said.
However, Lee said that this stereotype has been reversed in recent years as the mobility rate in the service sector has increased and senior employees have enjoyed high wage growth.
In addition, many workers in the sector have benefited from a peak season effect when they can see their wages increase.
In recent years, the service sector has gained popularity among jobseekers, Lee said.
The job bank cited a report released by the Cabinet’s Directorate-General of Budget, Accounting and Statistics (DGBAS) as saying that the number of workers in the local service sector averaged about 6.61 million last year, representing 59 percent of the total work force.
The DGBAS report also showed that the service sector accounted for 62.8 percent of Taiwan’s total GDP last year.
The job bank said the service sector has played an important role in Taiwan’s job market and economy.
It said that 20.2 percent of respondents said their wages during the peak season were 36.9 percent higher than their average monthly wage.
The survey showed that 3.41 percent of respondents said their income during the peak season was more than double their average monthly wage.
Being promoted was also relatively easy, the results indicated.
According to the survey, 85 percent of the respondents said that they were promoted after they worked for their companies for only two to three months.
Employees in department stores said they were promoted into to a section head position after just one year, the highest mobility in the service sector.
However, employees in the hotel industry had to work for an average of three-and-a-half years to get promoted to a section head position, the survey showed.
The survey was conducted between March 25 and April 5, and collected 654 valid questionnaires.
The Ministry of Economic Affairs has fined Taobao NT$1.2 million (US$36,900) for advertisements that exceeded its approved business scope and ordered the Chinese e-commerce platform to make corrections in the first half of this year or its license would be revoked. Lawmakers have called for stricter supervision of Chinese e-commerce platforms and more stringent measures to prevent China from laundering its goods through Taiwan as US President Donald Trump’s administration cracks down on origin laundering. The legislature’s Finance Committee yesterday met to discuss policies to prevent China from dumping goods in Taiwan, inviting government agencies to report on the matter. Democratic Progressive Party
Taiwan and its Pacific ally Tuvalu on Tuesday signed two accords aimed at facilitating bilateral cooperation on labor affairs, according to Taiwan’s Ministry of Foreign Affairs (MOFA). The governments inked two agreements in Taipei, witnessed by Foreign Minister Lin Chia-lung (林佳龍) and visiting Deputy Tuvaluan Prime Minister Panapasi Nelesone, MOFA said in a news release. According to MOFA, the agreements will facilitate cooperation on labor issues and allow the two sides to mutually recognize seafarers’ certificates and related training. Taiwan would also continue to collaborate with Tuvalu across various fields to promote economic prosperity as well as the well-being of their
Taiwan would welcome the return of Honduras as a diplomatic ally if its next president decides to make such a move, Minister of Foreign Affairs Lin Chia-lung (林佳龍) said yesterday. “Of course, we would welcome Honduras if they want to restore diplomatic ties with Taiwan after their elections,” Lin said at a meeting of the legislature’s Foreign Affairs and National Defense Committee, when asked to comment on statements made by two of the three Honduran presidential candidates during the presidential campaign in the Central American country. Taiwan is paying close attention to the region as a whole in the wake of a
NEW WORLD: Taiwan is pursuing innovative approaches to international relations through economics, trade and values-based diplomacy, the foreign minister said Taiwan would implement a “three-chain strategy” that promotes democratic values in response to US tariffs, Minister of Foreign Affairs Lin Chia-lung (林佳龍) said. Taiwan would aim to create a “global democratic value chain,” seek to capitalize on its position within the first island chain and promote a “non-red supply chain,” Lin was quoted as saying in the ministry’s written report to the Legislative Yuan submitted ahead of the legislature’s Foreign Affairs and National Defense Committee meeting slated for today. The Ministry would also uphold a spirit of mutual beneficial collaboration, maintaining close communication and consultations with Washington to show that Taiwan-US cooperation
RSS