Nearly half of Taiwan employers say hiring activity is stronger this year than in 2013, according to the ‘2014 Michael Page Salary & Employment Forecast for Taiwan’, produced in association with the European Chamber of Commerce Taiwan. 

The report reveals:

• 48% of surveyed employers believe that current hiring activity is stronger compared to 2013. 

• Company loyalty continues to remain strong in Taiwan with only 38% of the employers expecting staff turnover in the next 12 months. Key reasons employees are likely to leave include opportunities to learn (26%) and better work-life balance (21%).

• A continued shortage of professional skills across businesses over the next 12 months is expected by 41% of respondents and most (67%) indicate the resulting need to develop more targeted attraction strategies.

• Most employers surveyed (76%) indicate that salary increments will be applied company-wide and 70% cite domestic economic conditions as the key factor that will impact salary levels.

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