AFTER a long year of hard work, few things feel as rewarding as a well-earned year-end bonus
AFTER a long year of hard work, few things feel as rewarding as a well-earned year-end bonus. For most employees, this might amount to one month, three months, or at best, a year's worth of pay, writes Selangor, Malaysia's theSun. But for the employees of Taiwanese shipping giant Evergreen Marine Corporation (EMC), the reward this year is nothing short of extraordinary.
EMC has gone viral for awarding its employees an incredible 20-month bonus - nearly two years' worth of salary in one payout!
According to Taiwanese media outlet NowThis, EMC recorded consolidated revenue of TWD347.756 billion (US$10,58 billion) in the first three quarters of 2024, marking a remarkable 67.98 per cent increase compared to the same period in 2023.
Thanks to this stellar performance, employees will also receive an additional TWD190,000 each, distributed after the company's annual shareholder meeting. This amount stems from EMC's profit-sharing scheme, which allocates 0.5 per cent of its profits to staff bonuses.
This isn't the first time EMC has made headlines for its jaw-dropping rewards. In 2021, the company paid a whopping 40-month bonus to its employees.
The following year, 2022, they outdid themselves with some employees reportedly pocketing up to 52 months' worth of pay.
SeaNews Turkey
