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The minimum wage in Taiwan is NT$ 26,400.00 per month, which is approximately NT$ 152.31 per hour.
The minimum wage is set by the Ministry of Labor (MOL): The MOL consults with the Basic Wage Committee, which is composed of representatives from the government, labor unions, and employer associations. The MOL then reviews these recommendations and makes the final decision on any adjustments to the minimum wage. These adjustments are typically made in response to changes in economic conditions, inflation, and labor market trends.
No. Taiwan’s minimum wage applies to all industries across the country at large.
The authorities increased the minimum wage from NT$ 25,250 to NT $ 26,400 in January 2023. See table below to see the increases that have occurred in recent years.
The minimum wage in Taiwan (in US dollars) is currently equivalent to $738 per month and $4.67 per hour, which is lower than Japan (equivalent to $7.30 per hour) and South Korea (equivalent to $7.40 per hour).
No, it is the same minimum wage for all adults.
Your business can easily hire employees in Taiwan (China) without opening a local entity. We handle local employment law, complex tax regulations, and international payroll in 180+ countries worldwide. All you need to do is focus on your business.
In most industries, it is not often possible to hire skilled workers close to the minimum wage in Taiwan. In general, the more educated or skilled a worker is, the more they will earn. The actual amount depends on the job role and industry. Contact us for a free consultation for your hiring project.
The median salary in Taiwan is NT$677,000 (US$21,689) per year while the minimum wage is 316,800 TWD (approximately USD 10,800) per year.