Labor minister denies July wage hike

Taiwan News
Date: Taiwan News
By: Matthew Strong, Taiwan News, Staff Writer

TAIPEI (Taiwan News) – Labor Minister Kuo Fong-yu on Wednesday denied reports that he would 6758565raise the basic hourly wage in July.

At present, the official basic minimum wage stands at NT$20,008 (US$613.5) per month and the hourly wage at NT$120 (US$3.67). However, since the official working time has been cut from 84 hours per fortnight to 40 hours per week, the hourly wage would be expected to rise to NT$126 (US$3.86).

The issue of minimum wage hikes would be discussed by the relevant committee beginning June 6, and if representatives of labor, employers, the government and academics reached a consensus, their decision would be handed over to the Cabinet, Kuo said.

If the recommendation was for a rise of the minimum wages, this would be handled by a review committee meeting during the third quarter of the year, the minister said, making a July hike unrealistic.     [FULL  STORY]

Leave a Reply

Your email address will not be published. Required fields are marked *

I accept the Privacy Policy

This site uses Akismet to reduce spam. Learn how your comment data is processed.