Ma­jor­ity of Tai­wanese of­fice work­ers in debt: 1111 Job Bank

The China Post - - TAIWAN BUSINESS -

Most of­fice work­ers in Tai­wan are bur­dened with monthly debt pay­ments, which af­fects their qual­ity of life, ac­cord­ing to the re­sults of a sur­vey re­leased Mon­day by an on­line job bro­ker.

The poll by 1111 Job Bank found that 84.05 per­cent of of­fice work­ers in the coun­try have been in debt at some time, and 76.07 per­cent cur­rently have debt pay­ments that con­sume an av­er­age 40 per­cent of their monthly in­come.

On av­er­age, each worker owes about NT$1.59 mil­lion, with 42.3 per­cent pay­ing to­ward credit card debts, 35.9 per­cent hous­ing loans, and 27.4 per­cent stu­dent loans, ac­cord­ing to the poll.

Be­cause of the re­pay­ments, 62.4 per­cent of those work­ers sac­ri­fice their qual­ity of life, 32.5 per­cent have few hob­bies or per­sonal in­ter­ests, and 21.2 per­cent do not have much time for their fam­i­lies, the sur­vey found.

The poll was con­ducted May 11-27 on 1,141 of­fice work­ers. It had a mar­gin of er­ror of plus and mi­nus 2.9 per­cent­age points. has launched a new pro­gram to en­cour­age the pro­mo­tion of cor­po­rate se­cu­ri­ties start­ing from July 1 and ef­fec­tive un­til year’s end. The pro­gram, which tar­gets fu­tures traders, would sub­si­dize up to 45 per­cent of pro­mo­tional costs for fu­tures se­cu­ri­ties and fu­tures man­age­ment ser­vices.

Ac­cord­ing to the TFE, de­frayed costs could amount to as much as NT$1.8 mil­lion, in com­par­i­son to the NT$1.2 mil­lion of­fered in the first half of the year. Ap­pli­ca­tions should be sub­mit­ted be­fore the dead­line of Sept. 30.

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