China Airlines to give 5-month year-end bonuses, 4% pay raises
Taiwanese carrier China Airlines (CAL) said Wednesday it will pay employees year-end bonuses worth five months of their salary, plus a one-time cash reward of NT$20,000 (US$643) and an average salary increase of 4% in 2024. The wage plan was approved at a board meeting Wednesday, the company said in a statement. CAL's consolidated sales reached nearly NT$184.82b in 2023, up 22.62% year-on-year, according to company data. Thanks to significant increases in revenue fueled by the demand for post-COVID-19 air travel, several other carriers have also announced salary increases and other forms of remuneration for employees. EVA Airways (EVA Air) said in late December that it will pay employees year-end bonuses equal to six months' salary, the highest since the company was founded, as well as a mid-year bonus in 2024.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2024-01-11/sky/china-airlines-to-give-5-month-year-end-bonuses-4-pay-raises
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China Airlines to give 5-month year-end bonuses, 4% pay raises
Taiwanese carrier China Airlines (CAL) said Wednesday it will pay employees year-end bonuses worth five months of their salary, plus a one-time cash reward of NT$20,000 (US$643) and an average salary increase of 4% in 2024. The wage plan was approved at a board meeting Wednesday, the company said in a statement. CAL's consolidated sales reached nearly NT$184.82b in 2023, up 22.62% year-on-year, according to company data. Thanks to significant increases in revenue fueled by the demand for post-COVID-19 air travel, several other carriers have also announced salary increases and other forms of remuneration for employees. EVA Airways (EVA Air) said in late December that it will pay employees year-end bonuses equal to six months' salary, the highest since the company was founded, as well as a mid-year bonus in 2024.<br/>
