TAIPEI, Nov. 30,
2022 /PRNewswire/ -- Chunghwa Telecom Co., Ltd.
(TAIEX: 2412, NYSE: CHT) ("Chunghwa" or "the Company") announced
that it has engaged in talks with the Chunghwa Telecom Workers'
Union on November 21st to
respond to their call for comprehensive salary increases. The
Company said that it will take the economic uncertainty and the
actual operating results of year 2022 into consideration in
deciding the extent of wage increases and make an announcement at a
proper time.
Chunghwa Telecom stated that the Company has its internal
policies for annual salary increments on the basis of individual
assessment, and carries out comprehensive wage increases from time
to time based on operating performance and market conditions. In
January of 2022, the Company made an announcement to raise overall
salaries by 4% in response to a more challenging economic
environment as well as offer a one-time encouragement bonus to
staff members in recognition of staff contribution to outperforming
operating results in 2021. Prior to that, the Company also raised
overall salaries by 3% to 5% in 2020 for talent retention. Chunghwa
said the recent salary increases had demonstrated its willingness
to share operating success with employees and place great emphasis
on employees' salaries and benefits.
Chunghwa further highlighted its competitive compensation scheme
in the telecom industry of Taiwan.
According to an analysis of the average salary of publicly traded
companies published by the Taiwan Stock Exchange, the average
salary of Chunghwa's non-managerial full-time staff in 2021 was ahead of its peers.
In addition to pay scheme, Chunghwa commits to staff's welfare
and offering a favorable work and family balance environment for
all employees. Consequently, the Company has launched a variety of
employee benefits plan over time. In 2022, the Company has offered
to establish 9 workplace teaching and care centers with 16 classes
in six cities in Taiwan in order
to enhance mutual care at the workplace, which allow employees to
look after their families while working. Moreover, the Company
provides employees with more benefits than what the
government stipulates. For example, Chunghwa led by initiating a
program that allows employees with children under the age of three
years old to work one hour less per day. The Company has also
increased paternity and maternity leave to 10 days from 7 days in
which the government requires. Recently, the Company announced a
raise to the maternity pension per child to NTD 20,000 in 2023, as
well as a raise in the monthly subsidy to employees with children
between the ages of 0-6 to NTD 1,000 per month. Due to its
commitments and practices, the Company had won recognitions and
awards for its pioneered initiatives during the year. Notably, "The
World's Top Female-Friendly Companies 2022 Survey" released by
Forbes has ranked Chunghwa Telecom the sixth leading
telecom service and cable companies in the world in terms of
establishing a female-friendly workplace.
"Our employees remain our most important and precious asset, and
we also place great importance to the lasting relationship with our
labor union. We will ensure the rights and interests of our
employees are protected and we are pleased to share company profits
with our employees as a result of their work contributions.
Chunghwa will continue to communicate with our labor union to
factor in employee demands and concerns to jointly create a
prosperous future for the Company's sustainable development," Mr.
Chi-Mau Shieh, Chairman and Chief
Executive Officer of Chunghwa Telecom, commented.
"The global macroeconomic environment has changed materially due
to the impact of pandemic, war between Russia and Ukraine, and interest rate hikes by the US
Federal Reserve. We believe the global economy will continue to
face challenging factors that include geopolitics, market
volatility, climate abnormality, and global supply chain
constraints moving forward. The Taiwan Institute of Economic
Research and other notable international research institutes
predict such economic headwinds will continue into the next
year. As such, Chunghwa will likely face these operational
headwinds in 2023 as well. Despite a challenging domestic and
global environment, we are pleased with our employee incentive
efforts to motivate and reward staff while also being in compliance
with our corporate governance objectives. Chunghwa will continue to
pursue and practice prudent corporate social responsibility in an
effort to create ever greater value for all of our stakeholders,"
Mr. Shieh concluded.
About Chunghwa Telecom
Chunghwa Telecom (TAIEX 2412, NYSE: CHT) ("Chunghwa" or "the
Company") is Taiwan's largest
integrated telecommunications services company that provides
fixed-line, mobile, broadband, and internet services. The Company
also provides information and communication technology services to
corporate customers with its big data, information security, cloud
computing and IDC capabilities, and is expanding its business into
innovative technology services such as IoT, AI, etc. In recent
years, Chunghwa has been actively involved in corporate social
responsibility and has won domestic and international awards and
recognition. For more information, please visit our website at
www.cht.com.tw
Contact: Angela
Tsai
Phone: +886 2 2344 5488
Email: chtir@cht.com.tw
View original
content:https://www.prnewswire.com/news-releases/chunghwa-telecom-responds-to-unions-call-for-overall-wage-increases-301690117.html
SOURCE Chunghwa Telecom