Labor Ministry committee sets minimum monthly wage hike at 3%
Taipei, Aug. 14 (CNA) A Ministry of Labor (MOL) committee decided Wednesday to raise Taiwan's minimum monthly wage by 3 percent and the minimum hourly wage by 5 percent, effective Jan. 1, 2020.
The ministry announced that with the increase, the minimum monthly wage will go from NT$23,100 (US$737) to NT$23,800, while the minimum hourly wage will increase by NT$8 per hour to NT$158.
The 3 percent rise was decided at the annual meeting of the Basic Wage Deliberation Committee, convened by the ministry and comprised of labor officials, representatives of business and labor groups, and experts, but it still has to be approved by the Cabinet.
Prior to Wednesday's meeting, labor groups had pushed for a 5 percent increase in the minimum wage.
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