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【Taiwan Micron signs labor-management agreement, annual production-line salaries increase to 200 over thousand dollars】

Taiwan Micron, a memory manufacturer under Micron, recently signed a labor-management agreement with the Taichung labor union. The report cited a recent explanation by the Ministry of Economic Affairs that approximately 8 or more of employees received salary increases of nearly 2.7 times, with annual salaries for production-line employees increasing from 630000 dollars to 200 over thousand dollars. The Ministry of Economic Affairs also explained during the same period that annual salaries for entry-level engineers increased from 1450000 dollars to 4000000 dollars, while those for mid- to senior-level engineers increased from 200 over thousand dollars to 6000000 dollars. The labor union secured an increase in the employer contribution rate for labor pensions to 10%above the industry level; the day-shift allowance for frontline production-line shift workers was adjusted from 1500 dollars to 4500 dollars, reaching 3 times the original amount.