Taipei, Taiwan – To increase the monthly salary from $NT24,000 to $NT25,020 starting Janunary 2022 next year. This was decided by the Ministry of Labor in Taiwan last Friday that the minimum wage will be 5% next year.
The committee also added that the hourly pay rate will increase from NT$160 to NT$168.
Both local Taiwanese and foreign workers will benefit, the monthly wage increase and the hourly wage hike.
This will mark the sixth minimum monthly wage increase since President Tsai Ing-wen assumed office from 3% in 2020 and only increase $NT200 in 2021, next year will be the highest wage increased with 5% increase.