Taipei, Taiwan – The Ministry of Labor (MOL) on Wednesday officially announced that Taiwan’s minimum monthly and hourly wage will rise by 4.55 percent and 4.76 percent respectively starting from Jan. 1, 2023.
![Taiwan Minimum Wage Monthly Salary will be NT$26,400](https://www.saklap.com/wp-content/uploads/2021/10/taiwan-to-raise-5-percent-salary-increase-in-2022.jpg)
Taiwan Monthly Salary to increase from NT$25,020 to NT$26,400
So, the salary expected to increase from NT$25,250 to NT$26,400 and the minimum hourly wage from NT$168 to NT$176 starting January 01, 2023.
Both local Taiwanese and foreign workers will benefit, the monthly wage increase and the hourly wage hike.