Taiwan's minimum monthly wage has been increased by 4.08% percent and hourly minimum rate also raised NT$190. The current monthly minimum wage is NT$27,470 and will go up to NT$28,590.
The raise was decided by the the Basic Wage Deliberation Committee of the Ministry of Labor (MOL) of Taiwan. The annual increase is always a good news to everyone specially those minimum wage earners on both local Taiwanese workers and migrant workers.
This is the first time since the Minimum Wage Law was put into effect. President Lai Ching-te's first report card after taking office.
In accordance with Taiwan's Labor Standards Act, minimum wage earners foreign workers, migrant workers in Taiwan will also receive the pay raise, with more than 2.3million laborers will benefit from the raise.
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