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🇹🇼 Taiwan /Economy & Trade

TSMC Chairman: Employee Bonuses to Rise 30% Annually, Growth Has No Ceiling

From Liberty Times · () Chinese

Translated from Chinese, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • TSMC Chairman C.C. Wei pledged that employee bonuses and shareholder dividends will continue to grow by approximately 30% annually.
  • He assured that the company balances employee welfare, shareholder returns, and social responsibility for sustainable operations.
  • Wei expressed confidence in exceeding the 30% growth rate for employee bonuses in the coming years.

Taiwan Semiconductor Manufacturing Company (TSMC) Chairman C.C. Wei reassured shareholders and employees that the company remains committed to robust growth in both dividends and bonuses. During the annual shareholders' meeting, Wei stated that employee bonuses and shareholder dividends are set to increase by approximately 30% each year.

Wei highlighted that this commitment is a source of pride for the company, emphasizing that there is "no ceiling" to this growth. He explained that TSMC prioritizes a balance between the interests of employees, shareholders, and society to ensure sustainable long-term operations. This involves allocating resources for social responsibility initiatives without reducing employee compensation.

The growth rate will surpass 30% again in the 2025-2026 period.

— C.C. WeiChairman Wei expressed confidence in future growth of employee bonuses.

Addressing shareholder dividends, Wei confirmed that the principle of continuous growth will be maintained. He noted a 30% increase in dividends last year and projected a 33% rise this year, exceeding inflation rates. He expressed optimism for even better performance next year.

There is no ceiling to this growth.

— C.C. WeiChairman Wei emphasized the company's commitment to continuous growth in employee bonuses.

Regarding employee compensation, Wei reiterated the commitment to increasing bonuses, stating that the growth rate reflects the direct correlation with the collective efforts of the workforce. He projected that employee bonuses, reflecting 2024 performance, increased by about 30%, with similar increases expected for 2025 and 2026. Wei is confident that the growth rate will surpass 30% again in the 2025-2026 period.

Wei also touched upon TSMC's social responsibility, acknowledging the company's significant use of top talent, land, water, and electricity resources, as well as its substantial tax contributions, which approach 25%. He affirmed that as TSMC's importance grows, so will its investment in social contributions, deeming it essential for sustainable business practices and maintaining a balance between stakeholder interests.

We are committed to balancing the interests of employees, shareholders, and society.

— C.C. WeiChairman Wei outlined the company's strategy for sustainable operations.
DistantNews Editorial

Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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