Taiwan Minimum Wage to Exceed TWD 30,000 for First Time
5 Articles
5 Articles
Taiwan raises minimum monthly wage above NT$30,000
Taipei, Sept. 24 (CNA) Taiwan's minimum monthly wage is set to rise to NT$30,900 (US$970.5) next year from the current NT$29,500, exceeding NT$30,000 for the first time following a decision Thursday by the Ministry of Labor's Minimum Wage Deliberation Committee.
Committee to decide on wage increase
The Minimum Wage Review Committee is to meet today to decide whether to increase the minimum wage next year, with Minister of Labor Hung Sun-han (洪申翰) saying the monthly rate could top NT$30,000 (US$946) and the hourly rate NT$200.The committee — comprising representatives of labor groups, businesse
The Minimum Wage Review Committee convened on the 24th and ultimately decided to raise the monthly wage from NT$29,500 to NT$30,900, an increase of NT$1,400, or 4.745%; the hourly wage was raised from NT$196 to NT$205. The General Chamber of Commerce stated that the costs arising from improved labor rights should not be borne unilaterally by businesses, and the government should simultaneously review the labor insurance system. The Chinese Natio…
The Ministry of Interior has proposed adjusting the minimum wage upwards by 7.8% compared to the current level, effective from January 1, 2027.
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