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Taiwan's Evergreen Marine Corp gives mega bonuses worth 50 months' salary

The Taipei-based shipping company is handing out year-end bonuses equal to 50 months' salary, or more than four years' pay, on average to celebrate a standout year

Photo: Bloomberg
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Photo: Bloomberg

Samson Ellis and Yvonne Man | Bloomberg
Taiwan’s Evergreen Marine Corp. is celebrating a standout year by awarding stellar bonuses to some of its staff. 
 
The Taipei-based shipping company is handing out year-end bonuses equal to 50 months salary, or more than four years’ pay, on average, according to a person familiar with the matter. The size of the windfall varies depending on an employee’s job grade and function and the outsized bonuses are only applicable for staff with Taiwan-based contracts, the person said, asking not to be identified because the details are private.

Year-end bonuses have always been based on the company’s performance for the year