Taipei, Sept. 4 (CNA) The Ministry of Labor's Minimum Wage Deliberation Committee on Wednesday reached an agreement to raise Taiwan's minimum monthly wage to NT$28,590 (US$889.68) from NT$27,470, an increase of 4.08 percent.
The minimum hourly wage, meanwhile, was raised to NT$190 from NT$183, pending Cabinet review.
The decision, effective Jan. 1, 2025, is set to become the first of its kind since President Lai Ching-te (賴清德) took office on May 20.
The minimum wage was last increased on Jan. 1, 2024, under former President Tsai Ing-wen (蔡英文).
Any minimum wage hike does not apply to live-in migrant caregivers and domestic helpers, who are not covered by Taiwan's Labor Standards Act.
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Planned minimum wage increase reflects CPI: AcademicsThe Minimum Wage Deliberation Committee's decision on Wednesday to raise the minimum monthly and hourly wage by 4.08 percent is a reflection of the current consumer price index (CPI), according to academics.09/04/2024 10:46 PM![Minimum wage increase to benefit 2.57 million Taiwanese, migrant workers]()
Minimum wage increase to benefit 2.57 million Taiwanese, migrant workersThe planned 4.08 percent increase in the minimum wage is expected to benefit 2.57 million workers, including about 368,000 migrant workers, Minister of Labor Ho Pei-shan (何佩珊) said Wednesday.09/04/2024 07:56 PM![Government urged to enhance salary transparency in Taiwan]()
Government urged to enhance salary transparency in TaiwanThe government should consider measures to make salary information across different industries more transparent in Taiwan, Executive Yuan Secretary-General Kung Ming-hsin (龔明鑫) said Tuesday, citing the conclusions of a meeting held by a Cabinet economic advisory group.09/03/2024 08:44 PM
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