TSMC's Q2 Employee Bonuses Rise More Than 50% Year-on-Year
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LatestlyTSMC's Q2 employee bonuses rise more than 50% year-on-year
Taipei, Aug. 29 (CNA) Taiwan Semiconductor Manufacturing Co. (TSMC) has increased its second-quarter employee bonuses by more than 50 percent from a year earlier, as the world's largest contract chipmaker posted record earnings in the three-month period.
The shortage of talent in the semiconductor industry continues to intensify with the explosion of artificial intelligence. This fierce competition to attract and retain the best engineers is now driving the sector's giants to significantly review their remuneration policies. The latest financial documents filed by TSMC with the US SEC show an increase [...] The TSMC article increases its bonuses by 50%: the talent war in the AI is becoming more …
TSMC Bonuses Surge 50% and Outpace Revenue Growth, as SEC filings Expose the AI Talent War's Real Cost
The Taiwan Semiconductor Manufacturing Company (TSMC)'s bonuses for the second quarter outpaced the firm's revenue growth, as shown in the firm's filings with the Securities and Exchange Commission (SEC). During the second quarter, TSMC paid out NT$36 billion in bonuses, which marked a 50.6% growth over the year ago figure of NT$35 billion. At the same time, the firm's second quarter revenue of NT$1.2 trillion marked a 36% annual growth. TSMC Pa…
TSMC distributed its second-quarter employee bonuses today. According to TSMC's financial report, the second-quarter employee bonuses totaled approximately NT$36 billion, an increase of more than 50% compared to the same period last year.
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