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Thousands of workers receive five years’ pay as bonus


A shipping company based in Taiwan has announced it will be handing out staff bonuses equivalent to five years’ salary to thousands of workers.

Evergreen Marine Corporation, a shipping company which made headlines in 2021 when a giant container ship it was operating became stuck in the Suez Canal, is gifting the bonus to 3100 workers, The Straits Times reports.

Spending a whopping $94 million, the cash will be given to workers through mid-year bonuses worth 10 to 11 months of salary for their 2022 performance.

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This is added on to the huge 50-month salary perk workers received last December, bringing their potential combined bonuses for 2022 to more than five years’ pay.

The company says the bonuses will be distributed based on workers’ individual performance.

Thousands of workers are set to share in the bonuses totalling a whopping $94 million. Credit: Bloomberg/Bloomberg via Getty Images

The company last week reported a record net profit of NT$334.2 billion (A$16.29 billion) for its financial year ending December 31, 2022.

This was a year-on-year increase of 39.8 per cent.

Evergreen first made the news back in March 2021, when it’s container ship, Ever Given, famously ran aground in the Suez Canal, seriously disrupting global shipping.

The giant ship was travelling from China to the Netherlands, carrying upward of 20,000 shipping containers, when it turned sideways near the southern end of the canal early on March 23.

Its bow became jammed in the canal’s sandy eastern wall, with its stern lodged against its western wall.

The canal was blocked, and a good portion of global shipping traffic was backed up behind it.

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Source: 7News