Ruminations on the electronics industry from David Manners, Senior Components Editor on Electronics Weekly.
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.Tags: employees, tsmc