Evergreen’s Massive Bonuses: Fair Compensation or Exploitative Practice?
Taiwanese shipping giant Evergreen Marine Corp. awarded its employees a substantial year-end bonus averaging 20 months’ salary, plus an additional three-month bonus. This generous payout, based on an average salary of approximately NT$60,000, follows a trend of exceptionally high bonuses in previous years. The company’s record profits in 2024, boosted by global supply chain disruptions stemming from the Red Sea crisis, fueled this significant reward for its workforce. Evergreen’s continued success is projected to maintain this pattern of lucrative employee compensation.
John Q. Hosedrinker