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Regular salary up for 12 consecutive months

2010/12/22 23:17:26

Taipei, Dec. 22 (CNA) Taiwanese wage earners' regular salary rosein October by 1.62 percent from a year earlier to a monthly averageof NT$36,480 (US$1,220), marking the 12th consecutive increase, theDirectorate General of Budget, Accounting and Statistics saidWednesday.

The DGBAS said their average salary -- NT$40,035 (US$1,338 ) inOctober, was up 0.47 percent but down 7.12 percent from the previousmonth, when most workers received a Moon Festival bonus.

The government statistics agency said during the first ten monthsof this year, the average monthly salary was NT$44,919, an increaseof 5.87 percent over the same period of last year. Of that amount,the regular salary was NT$36,205, up 1.92 percent from a yearearlier.

Taiwan wage earners' average substantive salary from Jan. throughOct. of 2010 grew 4.94 percent year-on-year, the largest growth in 17years, according to the DGBAS.

Liu Tien-tzu, a bureau director of the DGBAS, said the ten-monthaverage salary was about the same as in 2007, though a bit lower thanthe 2008 figure of NT$45,290.

During the Jan.-Oct. period of this year, Taiwan wage earners'average monthly salary was NT$36,205, compared with NT$36,279 in 2007and NT$36,600 in 2008, Liu said.

Asked why most people do not feel they are making as much asNT$44,000, Liu said the average salary includes non-regular incomesuch as year-end bonuses and performance-related bonuses.

"If these bonuses are evened out into each month's income, theywould feel their salary is slightly higher," he said.

(By Lin Hui-chun and S.C. Chang)