Taiwan to raise minimum wage next year

Focus Taiwan
Date: 2016/09/08
By: Yu Hsiao-han and Elaine Hou

Taipei, Sept. 8 (CNA) The monthly minimum wage in Taiwan will be increased from NT$20,008 45918861(US$639) to NT$21,009 with effect from 2017, the Ministry of Labor (MOL) announced Thursday.

The decision, which also included an increase in the hourly minimum wage, was reached earlier in the day at an MOL meeting with representatives of labor unions and business groups, the ministry said.

At a news conference after the meeting, Labor Minister Kuo Fong-yu (郭芳煜) said it took a while for the business groups and labor unions to iron out their differences and agree to the MOL’s proposal on the scope of the minimum wage increase.

It was agreed that the monthly minimum wage will be raised by about 5 percent to NT$21,009, starting Jan. 1, 2017, he said.     [FULL  STORY]

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