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MOL proposes to hike minimum wage to NT$22,000

2017/08/18 18:24:30

Taipei, Aug. 18 (CNA) The Basic Wage Deliberation Committee under the Ministry of Labor (MOL) has proposed to raise the minimum wage to NT$22,000 for 2018 from the current NT$21,009.

The committee also proposed during a meeting on Friday to increase of the minimum hourly wage to NT$140 from the current NT$133, according to the Ministry of Labor.

The proposed hike needs to be approved by the Executive Yuan before taking effect on Jan. 1, 2018.

The committee, comprised of representatives of labor and business groups as well as government officials and academic experts, meets in the third quarter every year to discuss whether the minimum wage should be raised in the following year.

(By Yu Hsiao-han and Frances Huang)