Focus Taiwan App
Download

COST OF LIVING/Taiwan raises minimum monthly wage by 4.08%

09/04/2024 02:30 PM
To activate the text-to-speech service, please first agree to the privacy policy below.
Minister of Labor Ho Pei-shan (right, in pink shirt) presides over the Minimum Wage Deliberation Committee's meeting in Taipei Wednesday. CNA photo Sept. 4, 2024
Minister of Labor Ho Pei-shan (right, in pink shirt) presides over the Minimum Wage Deliberation Committee's meeting in Taipei Wednesday. CNA photo Sept. 4, 2024

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.

(By Sean Lin)

Enditem/kb

> Chinese Version

Related News

Sept. 4: Minimum wage increase to benefit 2.57 million Taiwanese, migrant workers

Sept. 3: Government urged to enhance salary transparency in Taiwan

Aug. 6: Taiwan's July CPI up 2.52% as typhoon sends food prices higher

July 23: Public sector wage hike for 2025 expected to cost NT$23.5 billion

July 22: Civil servants, military personnel, teachers to get 3% wage hike in 2025

View All
0:00
/
0:00
We value your privacy.
Focus Taiwan (CNA) uses tracking technologies to provide better reading experiences, but it also respects readers' privacy. Click here to find out more about Focus Taiwan's privacy policy. When you close this window, it means you agree with this policy.
172.30.142.69