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Micron Technology announced on Friday that it will distribute bonuses to more than 60,000 employees around the world, the highest amount in history. Employees in Taiwan will receive an overall reward equal to 35 to 68 months' salary. Micron said that each employee in Taiwan who arrived before August 29 last year will receive a bonus of NT$1 million, and the rest will be distributed in proportion to the duration of their employment. The maximum is an annual performance bonus of 500% of the basic target, as well as additional stock rewards. Micron said that the cash remuneration for employees in Taiwan will start at NT$1.7 million; the average cash salary for junior engineers will be NT$2.9 million, including stock rewards calculated at award value, and the average overall salary will be NT$3.4 million. Micron's annual performance salary adjustment stock rewards will reach 100% coverage, so that every employee can become a shareholder of the company and share long-term success with the company.
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Micron Technology announced on Friday that it will distribute bonuses to more than 60,000 employees around the world, the highest amount in history. Employees in Taiwan will receive an overall reward equal to 35 to 68 months' salary. Micron said that each employee in Taiwan who arrived before August 29 last year will receive a bonus of NT$1 million, and the rest will be distributed in proportion to the duration of their employment. The maximum is an annual performance bonus of 500% of the basic target, as well as additional stock rewards. Micron said that the cash salary for employees in Taiwan will start at NT$1.7 million; the average cash salary for junior engineers will be NT$2.9 million, including stock rewards calculated based on award value, and the average overall salary will be NT$3.4 million. Micron's annual performance salary adjustment stock rewards will reach 100% coverage, so that every employee can become a shareholder of the company and share long-term success with the company.
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