Evergreen Marine Corporation Stuns with Record Year-End Bonuses

BUSINESS News

Evergreen Marine Corporation Stuns with Record Year-End Bonuses
Evergreen Marine CorporationBonusesEmployee Rewards
  • 📰 malaymail
  • ⏱ Reading Time:
  • 46 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 86%

Evergreen Marine Corporation rewards employees with 20 months' salary bonus, exceeding previous years' generous payouts.

Taiwanese shipping giant Evergreen Marine Corporation (EMC) is making waves again with its jaw-dropping year-end bonuses. Known for its extraordinary employee rewards , EMC is paying out the equivalent of 20 months’ salary for 2024, capping off a record-breaking year of financial performance . The shipping behemoth, which recorded consolidated revenue of NT$347.

756 billion (RM47 billion) in the first three quarters of 2024 — a 68 per cent surge from the previous year — has solidified its reputation for sharing its wealth with employees. EMC’s impressive earnings per share (EPS) of NT$50.68 and a profit margin of 39 per cent underscore the financial prowess driving these generous bonuses. Employees earning an average monthly salary of NT$60,000 are set to receive up to NT$190,000 as an additional bonus on top of the 20-month payout. This additional sum, linked to the company’s exceptional performance, will be finalised after a shareholder meeting. In 2021, the company handed out bonuses equating to 40 months’ pay, followed by a staggering 52 months’ pay in 2022. Such payouts reflect the shipping giant’s dominant position in global trade, supported by its fleet of mega-ships and extensive logistics operations spanning Asia, Europe, the Americas, and Africa

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

malaymail /  🏆 1. in MY

Evergreen Marine Corporation Bonuses Employee Rewards Shipping Industry Financial Performance

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Evergreen Marine Corporation Gives Employees a Staggering 20-Month BonusEvergreen Marine Corporation Gives Employees a Staggering 20-Month BonusEvergreen Marine Corporation (EMC) has awarded its employees an incredible 20-month bonus, nearly two years’ worth of salary, in recognition of the company’s exceptional performance.
Read more »

Evergreen Employees Receive an Average 20 Months' Salary BonusEvergreen Employees Receive an Average 20 Months' Salary BonusEvergreen, a Taiwanese shipping giant known for its generous bonuses, announced on December 31st, 2024, that employees will receive an average year-end bonus of 20 months' salary. Based on an average salary of NT$60,000 (US$1,800), this translates to a bonus of approximately US$37,000. This follows previous years where Evergreen awarded bonuses of up to 40 and 52 months' salary.
Read more »

Evergreen Taiwan Announces 20 Months of Bonuses for EmployeesEvergreen Taiwan Announces 20 Months of Bonuses for EmployeesEvergreen Taiwan, a leading shipping company, will be issuing 20 months of bonuses to its employees, equivalent to almost two years of salary. This generous bonus is based on the company's strong performance in the first three quarters of 2024, with a net profit after tax of NT$61.913 billion.
Read more »

Berjaya Corporation Collects 22.25kg of Waste in ESG Month EventBerjaya Corporation Collects 22.25kg of Waste in ESG Month EventSome 20 Berjaya Corporation staff collected 22.25kg of various waste materials in conjunction with the Environmental, Social, and Governance (ESG) Month. The collection, held at People’s Housing Programme (PHP) Lembah Subang Flats, was a collaboration with NGO Upcycled by Fuze Ecooter, highlighting the importance of sustainable waste disposal.
Read more »

Malaysia and Brunei will continue strengthening ties and corporationMalaysia and Brunei will continue strengthening ties and corporationKOTA KINABALU: The Backbenchers Club (BBC) Sabah has pledged unwavering support for Chief Minister Datuk Seri Hajiji Noor amidst calls for his resignation.
Read more »

MRCB Exits KL-SG HSR Consortium, Berjaya Corporation Remains CommittedMRCB Exits KL-SG HSR Consortium, Berjaya Corporation Remains CommittedMalaysian Resources Corporation Bhd (MRCB) has decided to withdraw from the consortium bidding for the Kuala Lumpur-Singapore High-Speed Rail (KL-SG HSR) project to pursue other opportunities. The remaining consortium, led by Berjaya Corporation Bhd, insists that it remains strong and capable of meeting the project's requirements.
Read more »



Render Time: 2025-02-12 05:23:55