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Average monthly regular earnings rise to NT$40,792 in April

2018/06/11 18:41:48

CNA file photo

Taipei, June 11 (CNA) The average monthly regular earnings of those in employment in Taiwan rose to NT$40,792 (US$1,368) in April, a 2.27 percent year-on-year increase, government statistics showed Monday.

According to the Directorate-General of Budget, Accounting and Statistics (DGBAS), this is the fourth consecutive month the figure has risen by more than 2 percent -- an indication the momentum for higher salaries has strengthened.

The figure for March was NT$40,812, an annual increase of 2.59 percent, DGBAS tallies showed. For the January-March period, it stood at NT$40,679, hitting an 18-year high, which also represented at 2.71 percent increase from the same time a year earlier.

The DGBAS attributed the increase to a steady economic recovery that has encouraged employers to raise pay.

Regular earnings are payments made for services rendered as an employee. They include the pay of part-time and seasonal employees, as well as regular payments made to employees who are not working due to illness, injury, or pregnancy. Any payment made through the regular payroll system is considered regular earnings.

(By Pan Chi-yu and Flor Wang)
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