Tigerair Taiwan employees get 10.8 months of bonus on average as travel demand soars

Some 800 employees of Tigerair Taiwan have reasons to cheer ahead of Chinese New Year, after the budget airline rewarded them with an average of 10.8 months of bonus. The fat bonus was announced by the company’s chairman Chen Han-ming during a board meeting on Jan 15, reported Taiwan’s Central News Agency. Chen said he approved a proposal to give each employee four months’ worth of pay, NT$20,000 (S$850) in standard bonus, and between NT$50,000 and NT$80,000 in performance-based bonus. This was on top of what the company had already dished out in August and December 2023. Top employees were said to have received as much as 14 months of bonus for their hard work in 2023. With the return in demand for air travel, Tigerair Taiwan posted a new high in consolidated sales of NT$12.6b in 2023 – a jump of close to 850% from 2022.<br/>