Average starting wages for first time jobseekers up about 2% in 2016

Average starting wages for first time jobseekers up about 2% in 2016.
Taipei, June 10 (CNA) The average monthly starting regular salary for first time jobseekers in Taiwan rose almost 2 percent year-on-year in 2016, according to the Directorate General of Budget, Accounting and Statistics (DGBAS).
Not all sectors however offered first time jobseekers a higher salary.
In 2016, first time jobseekers in the electricity/fuel supply business were paid NT$28,507 on average a month, the highest compensation in the industrial sector, but the figure was down about 2 percent from a year earlier, the DGBAS said.
As for the service sector, first time jobseekers in the financial/insurance business were paid NT$31,025 in starting wages on average every month, the highest compensation in the sector, the DGBAS said.
First time jobseekers in the information/communications business meanwhile enjoyed the highest growth in starting salaries in 2016, with average wages growing 5 percent from a year earlier, the highest growth rate among all of the businesses in the industrial and service sectors, according to the DGBAS.
First time jobseekers in the service sector received NT$26,982 in monthly starting wages on average in 2016, topping the average salary of NT$26,554 paid to newcomers in the industrial sector last year, the DGBAS added.
They received NT$33,313 in starting salary on average in 2016, up 2.1 percent from a year earlier.
The figure was NT$5,197 higher than the average starting wages given to college degree holders overall, the agency added.
(By Chen Cheng-wei and Frances Huang) enditem/cs

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