Taiwan's state-owned firms hit surplus targets, employees to get up to 4.4 months' bonus

Taiwan's four key state-owned enterprises, CPC Corporation, Taiwan Power Company, Taiwan Sugar Corporation, and the Water Resources Agency, have successfully achieved their legal budget surplus targets for the past year. This accomplishment allows for the distribution of significant bonuses to employees.

Following the deduction of policy-driven losses incurred to support government initiatives, each enterprise met its statutory surplus objectives. Consequently, performance bonuses of up to 2.4 months' salary have been approved. This is in addition to the merit-based bonuses, which can reach up to two months' salary, following the Executive Yuan's designation of 'A' ratings for all four companies' performance last year.

Combined, eligible employees could receive a total bonus package equivalent to a maximum of 4.4 months' salary. This reflects the financial health and operational success of these crucial state-run entities despite their mandated policy support roles.