eNewsletter

As announced on September 29, 2010 by the Taiwanese government, Taiwan’s basic wage (i.e. minimum wage) rose on January 1, 2011. Taiwan’s basic wage is now NT$17,880 (USD $613) per month and NT$98 (USD $3.36) per hour – up from NT$15,840 (USD $544) per month and NT$95 (USD $3.26) per hour. This is an increase of 3.47%.

The proposal and discussion to increase the basic wage was spearheaded by the Basic Wage Deliberation Committee, which consists of representatives from sectors including labor, management, government, academic institutions, and more. Taking into consideration related issues such as the recent employment rates, Taiwan’s overall economic growth, etc., the Committee decided to increase the basic wage. The Executive Yuan approved the proposal.

The Basic Wage Deliberation Committee is to review the basic wage in Q3 of each year. During review, they are, in principle, to consider the effects of national income/per capita income, wholesale price indices, family income and expenditures, and other statistics.