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Minimum wage hike to raise employer costs by NT$16.29 billion: MOL

08/21/2017 10:30 PM
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Taipei, Aug. 21 (CNA) The planned minimum wage hike will increase the financial burden on employers by NT$16.29 billion (US$53.73 million) per year, including the increases in insurance premiums companies have to pay because of the higher wage, the Ministry of Labor (MOL) said Monday.


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