Group Year-End Bonus Up to 6 Months! Salary Increases of 8-20% Next Year; Kingza International Awarded “Outstanding Team” with NT$1 Million Bonus

La Kaffa Group Year-End Bonus Up to 6 Months

At the La Kaffa International annual year-end banquet, Chairman Wang Yao-Hui announced that this year’s year-end bonuses, based on performance, would be up to 6 months. Additionally, outstanding business units were rewarded with NT$1 million in group bonuses. On average, employees received 2.2 months of bonuses, while top-performing store managers across the group’s brands could earn a total of 16 to 17 months of their annual salary. The company also announced an average salary adjustment of 8-20% for next year, with frontline store staff starting at a base salary of NT$36,000 per month, and some employees receiving raises of over 20%.

The Only Food & Beverage Company Offering Stock Options as Incentives

Despite challenges fromCOVID-19 pandemic related factors, La Kaffa posted an EPS of NT$4.47 for the first three quarters this year, surpassing the full-year earnings of last year. Chairman Wang Yao-Hui also announced plans to resume overseas staff trips next year. The company continues to lead the food and beverage industry as the first and only enterprise to execute four rounds of employee stock options over eight consecutive years, issuing a total of 4,000 stock options. Based on today’s closing price of NT$127 per share, this equates to NT$500 million worth of employee stock options. In addition, the company offers generous employee benefits, including a childbirth subsidy program of NT$30,000 for the first child, NT$60,000 for the second, and NT$120,000 for the third, aiming to attract top talent as a cornerstone for sustainable business growth.

Wang Yao-Hui also stated that “Chatime” is targeting 1,800 stores globally by next year. Facing the global market, La Kaffa leverages its industry-leading brand presence across multiple countries and the sustained management strength of its international teams spanning six continents. Post-pandemic, the company strives for an annual growth rate of 30%. To enhance integration within the bubble tea industry, La Kaffa is planning and deploying overseas supply chain centers. With its subsidiaries’ operations gradually recovering, the group anticipates rapid growth momentum that will surpass pre-pandemic levels.

Source: https://finance.ettoday.net/news/2411237