What? No they don't. TSMC starting wages [1] for a Masters degree candidate is $19,500 USD per year, for a bachelor's degree is $13,000 USD per year. Their median salary is less than $60K USD (which includes US engineers who are paid much more).
They were finally shamed into a 20% above the board wage hike last November [2] but before then, they went a solid 10 years of 3 - 5% COL adjustments.
They might pay well compared to other Taiwanese semi companies but that's only an indictment over how dismal the Taiwanese employment situation is. They're not lacking money, they're just cheap because the executive team culturally does not believe in rewarding talent.
They were finally shamed into a 20% above the board wage hike last November [2] but before then, they went a solid 10 years of 3 - 5% COL adjustments.
They might pay well compared to other Taiwanese semi companies but that's only an indictment over how dismal the Taiwanese employment situation is. They're not lacking money, they're just cheap because the executive team culturally does not believe in rewarding talent.
[1] https://www.taiwannews.com.tw/en/news/3925769 [2] https://www.taiwannews.com.tw/en/news/4052667