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Regular wages in Taiwan rise for 13th straight month in December

2019/02/19 23:13:27

CNA file photo

Taipei, Feb. 19 (CNA) Average regular earnings in Taiwan rose 2.11 percent from a year earlier in December, marking the 13th consecutive monthly year-on-year increase at a time when the domestic economy has performed well, according to government statistics Tuesday.

Data compiled by the Directorate General of Budget, Accounting and Statistics (DGBAS) showed that the average regular wage for December rose 2.11 percent year-on-year to NT$41,414 (US$1,343).

The growth in December followed a 2.59 percent year-on-year increase in November, the data showed.

In December, average earned income, which includes regular salary plus bonuses, overtime pay and other irregular income, also grew 3.62 percent from a year earlier to NT$50,861, the DGBAS said.

Pan Ning-hsin (潘寧馨), deputy director of the DGBAS census department, said that over the past year, due to the performance of the domestic economy, employees average regular wage adjustments have been quite significant which is also reflected in the 13th consecutive monthly year-on-year increase of over two percent since December 2017.

In addition, the average regular earnings of all employees in 2018 was NT$40,980, 2.57 percent more than in 2017, while average earned income, which include irregular earnings such as bonuses and overtime pay, was NT$51,957 in 2018, 3.94 percent more than in 2017, the DGBAS noted.

The hike was mainly related to the earnings adjustments by employers and payment of bonuses, the DGBAS added.

(By Pan Tzu-yu and William Yen)