Micron Taiwan increasing salaries for factory workers by 2.7X

cyanydeez

Can definitely afford it.

kevinh456

Would love an English translation that makes sense.

Jaxkr

FYI: NT$2M = $61,478 USD. Translated to English by Fable 5.1: Headline: Micron line workers' annual pay could reach NT$2 million! Netizens envious: "Join Micron, let your life shine" Image caption: Micron Taiwan recently signed a labor agreement with the Taichung union. (File photo) Micron has reached a consensus with its Taichung union. According to an earlier explanation from the Ministry of Economic Affairs, over 80% of employees will receive raises of nearly 2.7 times, with production-line workers going from NT$630,000 to over NT$2 million. Because the adjusted annual salaries are so generous, it has sparked heated discussion among netizens, who exclaimed "Join Micron, let your life shine," while one person said, "One year's pay working on the production line is worth at least three years of mine." The Ministry of Economic Affairs explained that Micron's published plan shows three major outcomes: First, over 80% of staff get raises of nearly 2.7 times — production-line workers rise from NT$630,000 to over NT$2 million; junior engineers from NT$1.45 million to NT$4 million; and mid-to-senior engineers from over NT$2 million to NT$6 million. Second, the union also secured an increase in the employer's labor pension contribution to 10%, better than the industry norm. Third, for frontline production-line shift workers, the day-shift allowance will triple, from NT$1,500 to NT$4,500. The raise plan has made many netizens envious. Comments on social media included: "Join Micron, let your life shine," "Get a master's in EE/CS from NTU, Tsing Hua, or Chiao Tung and join Micron — you'll be making NT$3 million+ by your second year," and one person exclaimed, "The world is turning into something I don't recognize. Cars will fly, Micron line workers could make NT$2 million a year next year — what's impossible now?" Others lamented: "Sorry, turns out I'm the one dragging down Taiwan's average salary," and "One year's pay on the production line is worth at least three years of mine." Someone else said: "Doctors' incomes are about to lose to Micron line workers. There's no entry barrier this time — will doctors switch careers en masse?"

bayarearefugee

On one hand, I am legitimately happy for them. On the other hand, I miss being able to afford computers, consoles and other electronic devices that have RAM and/or other forms of storage in them. On the third hand, I'm not sure the second thing is likely to ever be a thing again in my lifetime unless there is a rather severe economic crash preceding it, which is, you know, also not great.