TSMC plans to subsidize employees to buy their own stocks and share the company’s operating results

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 Titanium Media App reported on April 19th, according to Taiwan Economic Daily, the foundry TSMC confirmed today that it is discussing subsidizing employees to buy their own company stocks. The subsidy ratio and other related details are still to be decided by the board of directors. Diversity and empowering employees to share the results of the company's operations.  It is reported that TSMC expects to recruit more than 8,000 employees this year, and will fully implement a "stock purchase subsidy" for more than 50,000 employees. Employees can deduct a certain amount from their salary to buy company stocks every month, and the company will provide some subsidies. It is reported that the proportion of subsidies is about Below 15%, it is expected to be implemented in July. In addition, TSMC will raise salary in April, with an average salary increase of 8%, and some outstanding employees will increase their salary by more than 10%.  This is the first time that TSMC has subsidized employees to buy its own shares since its establishment.

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