Taipei Times
Date: Sep 09, 2020
By: Staff writer, with CNA

The nation’s minimum monthly wage is to be raised to NT$24,000 and the minimum hourly wage to NT$160, with effect from Jan. 1 next year, the Ministry of Labor announced on Monday.

The ministry’s Minimum Wage Review Committee on Aug. 18 proposed raising the minimum monthly wage by 0.84 percent from NT$23,800 and the minimum hourly wage by NT$2 from NT$158, and the Executive Yuan approved it.

The increase was decided at the annual meeting of the Basic Wage Deliberation Committee, convened by the ministry and comprised of ministry officials, experts, and representatives of employers and employees.

According to the ministry’s estimates, 1,558,500 workers would benefit from the monthly wage increase, 1,097,700 Taiwanese and 460,800 foreigners.    [FULL  STORY]