By: Tsai Peng-min and Evelyn Kao
Taipei, Aug. 15 (CNA) Premier Su Tseng-chang (蘇貞昌) announced Thursday through the messaging app Line that Taiwan's minimum monthly wage will be raised to NT$23,800 (US$759), while the minimum hourly wage will go up to NT$158, starting Jan. 1, 2020.
The announcement came after a Ministry of Labor (MOL) committee decided the previous day to increase Taiwan's minimum monthly wage by 3 percent from NT$23,100 to NT$23,800, and the minimum hourly wage by 5 percent from NT$150 to NT$158. The hike still has to be formally approved by the Executive Yuan.
Su said once the hike goes into effect, 1.36 million domestic workers are expected to benefit from the increase of the minimum monthly wage, while raising the minimum hourly wage to NT$158 per hour will boost the pay for 500,000 workers.
Meanwhile, President Tsai Ing-wen (蔡英文) said that the rise will mark the fourth minimum wage hike since she took office in May 2016. The four hikes will represent an accumulated rise of NT$3,792 in the minimum monthly wage and NT$38 in the minimum hourly pay. [FULL STORY]