Cargo Ship Shipping
A shipping company has announced that it would be awarding its employees nearly two years worth of pay as a year-end bonus. This is a representational image. Ian Taylor/Unsplash

One company surprised its employees with nearly two years' worth of pay as a New Year's bonus.

Evergreen Marine, a Taiwanese shipping company, announced on New Year's Eve that its employees would be receiving a bonus amounting to about 20 months of pay, UDN reported.

The shipping company previously shared that employees would be receiving three months of additional pay as a bonus. This new gift is expected to be in addition to the three-month bonus.

As the average company salary is about NT$60,000, or about $1,825, this means that each employee would receive about NT$190,000, or about $5,780, based on the company's recent earnings and profit sharing percentage, Taiwan News reported.

This is not the first time Evergreen Marine has handed out massive bonuses to its employees. In 2021, the company gifted employees up to 40 months for a year-end bonus, and awarded up to 50 months of pay in 2022, according to the Straits Times.