Taipei: With an epidemic of the COVID 19 coronavirus escalating, the hiring outlook of enterprises in Taiwan has weakened to a low since 2017, according to online job bank yes123.
Citing the results of a survey, yes123 said that about 91.1 percent of the enterprises polled said they are planning to hire newcomers after the Lunar New Year holiday, down 3.6 percentage points from a similar poll conducted a year earlier.
The 2020 figure is the lowest since 2017, when about 90.9 percent of the polled employers said they would expand their workforces after the New Year holiday.
Among those employers with plans to recruit newcomers, the survey found, an average of 15.6 job openings will be posted from each, up from 15 in a poll conducted a year earlier.
Meanwhile, out of those employers that have no plans to expand their workforces, 5.1 percent of them said they will downsize their operations and the remaining 3.8 percent said that if anyone leaves their company, the vacancies will not be filled.
Yang Tsung pin (???), a spokesman for yes123, said the spread of the COVID 19, originally from Wuhan in China's Hubei Province, has had an adverse impact on domestic demand, as many consumers preferred to stay home in a bid to prevent infection.
Under such unfavorable circumstances, Yang said, the local tourism industry, including hoteliers and airlines, could see a bigger impact, while online shopping and food deliveries could benefit from the trend in which consumers tend to place orders from home.
Therefore, the survey indicated, 48 percent of the polled employers said the virus spread is expected to affect their businesses, while 9.4 percent of them said they are expecting that the epidemic will benefit their businesses.
In addition, the virus spread has also partly affected compensation offered by employers, according to the survey. According to the survey, the average monthly salaries offered by the polled enterprises to non management employees stood at NT$33,110 (US$1,092), down NT$266, or 0.8 percent, from a similar poll a year earlier.
For management posts, the survey showed, the average monthly salaries rose NT$146 or NT40.3 percent from a year earlier to NT$51,570.
The survey, conducted Feb. 5 19, collected 903 valid responses. The poll had a confidence level of 95 percent and a margin of error of plus or minus 3.26 percentage points
Source: Focus Taiwan News Channel