I read this article and it produced a mixed reaction. On the surface you’d think,”oh well, I guess that’s it for Taiwanese electronic firms, put a fork in it.”
The report showed that monthly salaries offered by some Chinese enterprises to high-ranking employees are already 20 percent to 30 percent higher than those granted by leading Taiwanese enterprises to their employees.
Liu Teh-chuan, manager of China operations division of the 1111 Job Bank, said that major enterprises in Zhejiang, Shanghai and Beijing want to raid high-end talents in the optoelectronics field from Taiwan, they can offer annual pay of NT$3 million to NT$5 million, at least 25 percent to 30 percent higher than offered by their Taiwanese counterparts. Some can even offer stock warrants to attract field talents from Taiwan.
Liu noted that high-tech firms in both sides of the Taiwan Straits are expected to engage in a war for high-caliber talents in the first and second quarters of the year.
When in fact it really means that Taiwanese companies are going to be paying these people much more to keep them here. If salary conditions are equal very few Taiwanese are going to leave the comforts of home to go work in the mainland. Sure the mainland will help recruit away some people but should mostly benefit the Taiwanese with higher salaries to keep in Taiwan. Let’s check back in about 18 to 24 months and see-mark your calendars.
