4 state-run firms to hire over 1,000 employees; 10-year high

Taipei, Oct. 9 (CNA) Four state-owned enterprises under the Ministry of Economic Affairs (MOEA) are planning to recruit more than 1,000 workers later this year, the highest amount for the period in almost 10 years, the MOEA said Monday4 state-run firms to hire over 1,000 employees; 10-year high. According to the MOEA, Taiwan Power Co. (Taipower), CPC Corp. Taiwan, Taiwan Sugar Corp. and Taiwan Water Corp. (TWC) will hire 1,171 new employees, holding a joint examination Nov. 11 for the recruitment. The MOEA said that a total of 34,844 interested people have signed up for the examination, the highest level in five years, while the targeted 1,171 new employees will hit a record high in almost 10 years. The ministry said that the recruitment is aimed at making up for a manpower shortage resulting from an upcoming wave of retirements, as well as meeting demand from new rigid work-hour rules implemented in December. The new employees will be offered a starting wage ranging between NT$35,000 (US$1,148) and NT$38,000 per month, the MOEA said. Chen Hui-chen, deputy director of the MOEA's human resources department, said that the job openings surpass an originally planned 897, and added that it is possible the four companies will provide further job openings. Taipower said that due to stable remuneration offered by state-owned firms, more and more jobseekers are showing interest in these companies. According to Taipower, their pension payments remain the same under labor regulations, even though the government is seeking to cut pension payments for public servants and public school teachers under pension reforms the Cabinet is pushing for. According to Taipower, jobseekers under the age of 30 account for more than 50 percent of those who have signed up for the company's recruitment plan in the last four years. Taipower said it also launched its own recruitment campaign earlier this year to hire 736 temporary employees from a total of 25,148 hopefuls, eying a starting wage of NT$27,000 per month. 1111 Job Bank Vice President Daniel Lee said job openings at state-owned enterprises appear more attractive to jobseekers, particularly as Premier Lai Ching-te announced a 3 percent wage hike for civil servants, teachers and military personnel starting from 2018.