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Tariff Policies Impact Salaries, Potential Increase in Foreign Assignments

Tariff Policies Impact Salaries, Potential Increase in Foreign Assignments

According to a manpower bank survey, 34.9% of companies are considering halting this year's salary increase plans. In response to President Trump's fluctuating tariff policies, companies may adjust their production and sales arrangements, potentially creating more foreign assignment opportunities. A survey by yes123 job search website indicates that 58.8% of workers are worried that their employers may implement 'reduced shifts' or unpaid leave due to the global tariff trade war, and 82.4% are concerned that their salary increase opportunities will be affected this year.

Further findings highlight that 52.9% of workers fear job loss, while 94.1% express concern about rising prices. Regarding recruitment plans, 55.6% of companies predict no impact, while 33.3% anticipate a negative influence leading to downsizing.

Expert Yang Zong-bin notes that the tariff trade war will cause companies to adopt a more conservative outlook, negatively impacting recruitment and salary increase intentions. However, adjustments in the overseas production and sales locations could also lead to new job opportunities.