90% of workers want to switch jobs after Lunar New Year holiday: poll - Focus Taiwan

90% of workers want to switch jobs after Lunar New Year holiday: poll

Taipei, Jan. 9 (CNA) Almost 90 percent of employees in Taiwan want to land a new job after the Lunar New Year holiday, as they are generally unhappy with their current wages, according to the results of a survey released Monday by yes123 online job bank.

Contract chip maker Taiwan Semiconductor Manufacturing Co. (台積電), China Steel Corp. (中鋼), which is the largest steel maker in Taiwan, and Fubon Financial Holding Co. (富邦金) were the employers favored most by workers who want to switch jobs, the survey shows.

According to the results, 88.9 percent of the employees polled said that they plan to find a new job, the highest level since 2010, when the figure stood at 90.3 percent, mostly in the hope of higher remuneration.

In Taiwan, employers tend to give year-end bonuses before the Lunar Year holiday, which will start from Jan. 27 and run through Feb. 1 this year. Many workers simply quit their jobs after bagging their year-end bonuses.

Yes123 said that among the workers who want a new job, 56.3 percent have started a job search.

The online job bank said 52.1 percent said that they are seeking an average 11.1 percent higher salary after changing jobs.

In addition, 40.9 percent said they are downbeat about the outlook of their current jobs, 32.4 percent said they have no chance of promotion, 29.8 percent said their current jobs fail to allow them to use their talents, and 27.2 percent said they are dissatisfied with their current bonuses.

The survey indicates that TSMC is at the top of the "dream boss" list in the high-tech sector for those employees wanting a new job, ahead of telecom operator Chunghwa Telecom Co.(中華電信), iPhone and iPad assembler Hon Hai Precision Industry Co. (鴻海), PC brand Asustek Computer Inc. (華碩), and integrated circuit designer MediaTek Inc. (聯發科).

In the old economy sector, China Steel is at the top of the favorite companies, followed by Taiwan High Speed Rail Corp. (台灣高鐵), transportation conglomerate Evergreen Group (長榮集團), Formosa Plastics Group (台塑集團) and bookstore chain operator Eslite Spectrum Corp. (誠品生活), the survey shows.

Fubon Financial tops the list in the financial sector, yes123 said, ahead of CTBC Financial Holding Co. (中信金), Cathay Financial Holding Co. (國泰金), E. Sun Financial Holding Co. (玉山金) and Taiwan Financial Holding Co. (台灣金控).

The survey, conducted between Dec. 22, 2016 and Jan. 3, 2017, collected 1,314 valid questionnaires with a confidence level of 95 percent and a margin of error of plus or minus 2.7 percentage points.

(By Chiu Po-sheng and Frances Huang)ENDITEM/J

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