TSMC’s Bonus

TSMC is to give its people $833 million in a mid-year bonus.

The company has 39,000 employees.

This is the highest bonus ever paid out in TSMC’s history – 8% up on last year’s mid-year bonus.

TSMC made a profit of $6.3 billion in 2013 on revenues just shy of $20 billion.

As well as the mid-year bonus TSMC gives its employees a year-end bonus fixed at two months salary

‘We are committed to pay-for-performance incentive programs that reward our employees for the value they add to the company,’ says TSMC.


Comments

7 comments

  1. Time to ask TSMC to set up a ,memory design house in Italy ????

  2. It’s what city bankers do to the rest of the economy….

  3. What’s a “bonus”?

  4. “I don’t pay high wages because I am rich. I am rich because I pay high wages.” Robert Bosch.

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