Get all your news in one place.
100’s of premium titles.
One app.
Start reading
International Business Times
International Business Times
World
Elizabeth Urban

Famously Generous Company Gifts Employees Nearly 2 Years Worth of Pay as New Year's Bonus

A shipping company has announced that it would be awarding its employees nearly two years worth of pay as a year-end bonus. This is a representational image. (Credit: Ian Taylor/Unsplash)

A famously generous company has gifted its employees with nearly two years worth of pay for a New Year's bonus.

Evergreen Marine, a Taiwanese shipping company, announced on New Year's Eve that its employees would be receiving a bonus amounting to about 20 months of pay, as reported by UDN.

The shipping company previously shared that employees would be receiving three months additional pay as a bonus. This new gift is expected to be in addition to the three-months bonus.

As the average company salary is about NT$60,000, or about $1,825, this means that each employee would receive about NT$190,000, or about $5,780, based on the company's recent earnings and profit sharing percentage, as reported by Taiwan News.

This is not the first time Evergreen Marine has handed out massive bonuses to its employees. In 2021, the company gifted employees up to 40 months for a year-end bonus, and awarded up to 50 months pay in 2022, as reported by the Straits Times.

Originally published by Latin Times.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.