-
Overtime hours rise for Taiwan’s migrant workers due to AI boom
The Ministry of Labor’s survey reveals increased overtime for migrant workers in Taiwan due to AI growth. Salaries rise, but language barriers remain a challenge.
2026/01/12 17:41
-
Taiwan’s housing crisis forces young buyers out of Taipei
Taipei’s property prices soar, leaving potential homeowners facing financial hurdles. A report shows average home prices and mortgage payments exceed salaries, prompting a trend of moving to affordable areas.
2025/07/03 16:31
-
JSL Group tops Taiwan salary expenses despite drop
JSL Group leads Taiwan in average employee salary expenses for 2024, surpassing tech giants despite a 13.5% decrease. TWSE to release full salary data June 30.
2025/06/03 11:00
-
Taiwan’s average salary rises 6.4% to NT$37K
Taiwan’s average monthly salary rose 6.4% to NT$37,000, with new workforce entrants decreasing by 5.3% in 2024. Gender pay gaps and education impact salaries.
2025/04/30 22:00
-
Young Taiwanese workers earn average NT$34K monthly salary
Taiwan’s Ministry of Labor reports a drop in young workers below 2 million, with an average starting age of 21.8 and a salary of NT$34,000. The survey shows 65.8% hold college degrees, and 76% have salaried jobs.
2025/03/31 23:00
-
Taiwan’s average earnings surpasses NT$60,000 milestone
Taiwan’s average monthly earnings surpassed NT$60,000 for the first time, reaching NT$60,984, with a 4.39% annual increase. Financial and insurance sectors led with NT$107,348.
2025/02/18 11:24
-
Taiwan wages hit four-year high, DGBAS reports
Taiwan’s real wages hit a four-year high, with average regular wages up 0.50% and total wages rising 1.82% in 2024. Part-time wages, however, declined.
2024/12/10 22:00
-
Taiwan’s average salary hits NT$802,000 in 2024
104 Job Bank’s survey reveals Taiwan’s 2024 average salary at NT$802,000. The semiconductor industry leads with NT$1.035 million. Bonuses rise slightly amid economic recovery.
2024/11/21 15:24
-
Taiwan parents face economic strain from education costs
Rising education costs in Taiwan burden families, with the average fund per child at NT$4.81 million. Experts advise balancing financial stability and children’s holistic development.
2024/09/25 18:02
-
Taiwanese workers eye jobs abroad amid slow wage increases
Discover why Taiwan’s average wage growth trails its GDP growth, leaving workers economically strained despite surpassing Japan and South Korea in GDP. Insights from experts and the IMF reveal the challenges and comparisons.
2024/08/19 17:45
-
Taiwan sees wage growth in first half of 2024
Taiwan’s economy shows resilience with a significant salary increase for the first half of the year, marking the first real wage growth in three years.
2024/07/11 18:13
-
Economic recovery influences salary trends, data shows
Explore the latest findings on Taiwan’s wage trends: A Ministry of Labor meeting reveals a decade-high average salary increase of 5.4%, driven by economic recovery and talent shortages. Dive into industry-specific data and the implications for wage adjustments.
2024/06/26 15:05
-
Report: healthcare, tech lead in Taiwan’s graduate salaries
Explore the latest insights on the starting salaries for university and postgraduate entrants in Taiwan’s workforce for 2023, including sector-specific averages, employment trends, and the impact of the global economy on hiring practices.
2024/04/30 18:28
-
Dine on a new career: Din Tai Fung offers high-paying jobs
Renowned restaurant Din Tai Fung and the Taipei City Government are partnering for a massive recruitment event, offering 150 vacancies with salaries up to NT$57,000. The job fair will take place on Feb. 24 at the Taipei Youth Salon. Over 90% of the positions are open to applicants without prior work experience, as part of Din Tai Fung’s efforts to invest in talent recruitment, salary welfare, and training. The available positions include catering service specialists, cashiers, restaurant tidying staff, pastry apprentices, chefs, dish quality inspectors, dishwashers, and in-store timing staff. Part-time workers can earn up to NT$240 an hour on weekends. Salaries start at NT$48,000 for waitstaff, with the potential to reach NT$55,000 after assessments. Chefs have the opportunity to make up to NT$57,000. The average monthly salary from previous recruitment drives with Din Tai Fung is NT$40,000, and many companies have increased salaries due to labor shortages caused by the pandemic. The catering industry has seen a rising salary trend, with Din Tai Fung increasing salaries by 3% to 6% in 2023, totaling a 16% increase over three years. This recruitment drive is open to talents in Taipei, New Taipei, Hsinchu, Taichung, and Kaohsiung.
2024/02/15 13:51
-
Legislative speaker salary revealed as Han takes office
Kuomintang (KMT) legislator Han Kuo-yu has been elected as the speaker of Taiwan’s Legislative Yuan, with Johnny Chiang as his deputy. As speaker, Han is responsible for maintaining order in the legislative body and overseeing legislative matters. According to the "Act Governing the Discipline of Legislators," Han’s monthly salary is equivalent to that of central government department heads, amounting to NT$346,960, with an additional special remuneration of NT$79,100. Johnny Chiang, as deputy speaker, will earn a monthly salary of approximately NT$229,860. Legislators in Taiwan receive an average monthly salary of about NT$190,500, along with an annual bonus equivalent to 1.5 months’ salary. Han’s role grants him decisive power in the event of tied votes or disputes over legislation, giving him a significant role in shaping future policy.
2024/02/02 13:57
-
EVA Air announces record 6-month year-end bonus
EVA Air, a Taiwanese airline, has announced a record six-month year-end bonus, the highest since its establishment. The bonus will also be distributed to its subsidiaries, including airport services, sky kitchens, and aviation technologies. In addition, EVA Air plans to adjust salaries for employees in 2024, with ground and cabin crew members seeing an average adjustment of NT$5,000 and pilots receiving adjustments ranging from NT$11,000 to NT$20,000 based on their position. However, this announcement comes amidst potential strike action by EVA Air pilots, leading to concerns that the wage increase announcements are an attempt to pacify them. The Taoyuan Flight Attendants’ Union has emphasized the importance of fair distribution of year-end bonuses and salary increases regardless of the proposed pilot action. Rival airlines Starlux and China Airlines have also announced their year-end bonuses, with Starlux providing a one-month bonus and an approved salary increase of NT$2,000, and China Airlines reportedly planning to distribute a three-month bonus (although the union is demanding five months’ worth). In the marine transportation industry, YangMing Marine Transport Corporation has scaled down its year-end bonus from 13 months last year to two months this year due to a downturn in the shipping industry. The shipping corporations’ lower year-end bonuses are attributed to the "revenge-travel boom" post-pandemic. Other industries with high year-end bonuses include finance, semiconductor, and construction, with 1.83, 1.38, and 1.23 months respectively.
2023/12/26 10:09
-
Survey: near 60% in Taiwan expect 1-3 months’ year-end bonus
A new survey conducted by Cathay Financial Holding reveals that 59.3% of respondents expect their year-end bonuses for 2023 to be between one to three months’ worth of salary. Additionally, 45.9% of those polled anticipate a salary increase in 2024, with 9.2% expecting the raise to exceed 3%. However, only 8.3% foresee year-end bonuses topping three months’ salary, while 32.4% predict bonuses will fall below one month. In terms of regular monthly earnings in 2024, 47.6% of participants project stability. The survey also indicates that the average growth expectation for Taiwan’s economy in 2024 stands at 2.52%, with 70% of those surveyed predicting a growth rate above 2%. Respondents expect the inflation rate in 2024 to be 2.21%, with 55% believing it will remain above 2%. These figures differ from the projections by the Directorate-General of Budget, Accounting and Statistics, which forecasts a 3.35% growth rate and a 1.64% inflation rate for Taiwan in 2024. In December, the optimism index for Taiwan’s stock market rose sharply to 16.1 from -0.4 in November, and the risk appetite index increased from 10.3 to 13.9, indicating market anticipation of potential rate cuts by major central banks next year. The survey, conducted from Dec. 1 to 7, gathered 13,379 valid questionnaires via email from members of Cathay Life Insurance’s official website and customers of Cathay United Bank.
2023/12/20 20:00
-
Nearly half in Taiwan expect pay hikes in 2024, survey shows
Nearly 46% of Taiwanese people expect a salary increase next year, according to a survey by Cathay Financial Holding Co. The survey also found that about 60% of respondents anticipate year-end bonuses ranging from one to three months’ salary, while 8.3% expect bonuses to exceed three months. However, 47.6% of those surveyed expect monthly wages to remain constant. The survey also revealed a conservative estimate for Taiwan’s 2024 economic growth, with an average expectation of 2.52%, contrasting with the more bullish 3.35% forecast by the Directorate-General of Budget, Accounting, and Statistics. Respondents predict an average inflation rate of 2.21%, with 55% believing it will exceed 2%, higher than the directorate’s projection of 1.64% for 2024. The survey was conducted from Dec. 1-7 and gathered 13,379 valid responses through email questionnaires.
2023/12/20 19:13
-
Taiwan’s manufacturing sector shows signs of recovery
Taiwan’s manufacturing sector shows signs of recovery with increased overtime hours in October, according to the Directorate-General of Budget, Accounting and Statistics (DGBAS). Manufacturers’ overtime climbed to 15.4 hours, a 1.6-hour increase from the previous year, marking continuous growth over four months and a return to 2021 levels. The average regular wage from January to October 2022 was NT$45,441, a 2.49% year-over-year increase. The total average salary within the same period was NT$59,270, up by 1.53%. However, when adjusted for inflation, the real average regular earnings only inched up 0.06%, and the real total earnings witnessed a slip of 0.87% year-over-year, the first negative growth in nearly seven years. This decline in total real wages is attributed to tepid exports and the rising cost of living. Employment in the industrial and service sectors stood at 8.19 million people as of October, with a slight increase compared to September 2021 and largely unchanged from October 2021. The service sector gained 41,000 employees in October, offsetting the decrease in the industrial sector. Throughout the first ten months of 2022, the average number of employed workers was 8.175 million, with the accommodation and food services and arts, entertainment, and recreational services sectors seeing new hires while the manufacturing sector lost jobs. In October 2022 alone, the average regular salary for employed workers was NT$45,564, a 2.31% annual rise, and the average total wage for the month was NT$51,143, a 1.35% increase from the previous year.
2023/12/12 10:19
-
Evergreen Marine offers crew hotel-level comfort
Evergreen Marine Corporation has expanded its fleet with the commissioning of a new "A class" container ship, the EVER ALP, boasting a maximum capacity of 24,000 twenty-foot equivalent units (TEU). This vessel, among 13 ordered by the company, brings luxury to the high seas with crew accommodations rivaling star-rated hotels. Constructed by South Korea’s Samsung Heavy Industries, the EVER ALP features nine decks and a range of leisure facilities, including a gym and social lounge. Crew quarters on the ship are designed to match that of star-rated hotel rooms, each spanning 16.53 to 46.28 square meters with private bathrooms. The working environment on board is notably comfortable, with third officers and engineers drawing an average monthly salary of about NT$170,000. For entertainment and relaxation, the ship is equipped with a library, karaoke facilities, treadmills, and dining options featuring a variety of international cuisines. These A-class container ships incorporate eco-friendly and energy-saving features, ensuring compliance with the International Maritime Organization’s (IMO) emission standards. With the addition of the EVER ALP, Evergreen Marine’s current fleet totals 210 vessels with a combined capacity of approximately 1.66 million TEU, marking a significant increase in the company’s global shipping capabilities.
2023/12/04 17:33
-
Taiwan’s average salary hits 8-year high at NT$694K
Taiwanese companies have raised fixed monthly salaries in an attempt to address labor shortages, but the annual salary increase rate has declined to 2.5% from last year’s 3.1%. Despite this, the average annual salary in Taiwan reached a new eight-year high at NT$694,000 in 2023. The semiconductor industry remains the highest-paying sector for the eighth consecutive year, surpassing NT$1 million in average salary. Following the semiconductor industry, the computer and consumer electronics manufacturing, electronic components manufacturing, telecommunications and communication services, and software and internet industries are the next highest-paying sectors. In terms of engineering roles, IC design engineers earn the highest yearly earnings, while auditors, computer systems analysts, and network security analysts lead non-engineering jobs. Year-end bonuses in 2023 decreased to an average of 1.08 months’ worth of salary, the lowest in a decade. Financial institutions are expected to provide the highest average year-end bonuses, followed by the semiconductor and construction industries. Looking ahead to 2024, civil servants, educators, and military personnel will receive a 4% pay increase, while private companies anticipate an average increase of 3.2% in salaries, with the accommodation and food services industry having the highest proportion of enterprises raising pay.
2023/11/29 16:06
-
Taiwan cuts 2023 GDP growth to 1.42%, lowest in 14 years
Taiwan’s 2023 GDP growth forecast has been lowered to 1.42%, the lowest in 14 years, due to weaker exports and private investment. Year-end bonuses for Taiwanese workers have also been affected, with the average amount shrinking to 1.08 months’ worth of salary, hitting a 10-year low. The financial industry leads in bonus payouts with an average of 1.83 months’ salary, followed by the semiconductor industry at 1.38 months. The healthcare services industry averages just 0.97 months of salary, while the accommodations and food services sector lags further behind at only 0.59 months. Despite the downward revision, the DGBAS remains optimistic for 2024, forecasting a GDP growth rate rebound to 3.35%. However, challenges such as the Ukraine-Russia war, the Israel-Palestine conflict, and ongoing inflation may pose risks to the global economy. Looking ahead to 2024, local job banks predict pay increases in 47.5% of companies, with an average salary hike of 3.2%, slightly lower than in 2023. Experts caution that Taiwan’s economic recovery may not be as swift as hoped.
2023/11/29 16:04
-
Quanta Computer raises salaries to beat inflation
Taiwan’s major contract manufacturer, Quanta Computer, has announced that it will adjust its employee salary structure in response to inflation and talent retention. Starting in December, the salary adjustments will be based on job grades, with employees in the 8th job grade receiving an increase of NT$3,000. According to the Taiwan Stock Exchange’s corporate employee salary information from June, the average annual salary for non-supervisory full-time employees at Quanta in 2022 reached NT$1.501 million. This marks the third consecutive year that Quanta has raised salaries, with structural pay adjustments also made in 2021 and 2022. The company has clarified that the current restructuring will not affect the annual raises based on performance and division alignment. Additionally, Quanta plans to implement a flexible working hours system, reinstating the flexible work hour system adopted during the pandemic period at its headquarters in Taiwan. This will allow employees to start their day between 7 a.m. and 9 a.m. and leave between 4 p.m. and 6 p.m.
2023/11/22 16:51
-
Taiwan sees rise in fathers using Parental Leave Allowance
Over 1.01 million people have benefited from Taiwan’s "Employment Insurance Parental Leave Allowance" since its initiation in 2009. This allowance, available to parents with at least one year of cumulative employment insurance, allows them to take unpaid parental leave before their children turn three. The subsidy is calculated at 60% of the average salary for the six months preceding the leave, with an additional 20% wage subsidy provided since July 2021, bringing the total to 80%. Since January 2022, both parents can simultaneously apply for the allowance, allowing them to apply for a subsidy for 12 months within half a year if they meet the criteria and take leave together. Assuming an average monthly salary of NT$42,000, each parent can receive NT$33,600 monthly, totaling NT$403,200 for the half-year period. The program has also seen a rise in male applicants, with over 20,000 annually compared to the initial 4,000 during the inaugural year, indicating a growing willingness of men to share childcare responsibilities.
2023/11/10 22:08
-
Taiwan’s real wages to rise by 2.5% in 2024: report
Asian-Pacific workers, including those in Taiwan, are expected to experience the highest global growth in real wage increases in 2024, according to recent data. India leads the way with a projected rise of 5.1%, while Taiwan contributes with a 2.5% increase. The ECA International’s Salary Trends Report indicates that real wages for Asian-Pacific workers will increase by 2.2% in 2024, more than double the global average of 1%. Taiwan ranks sixth in the real salary forecast growth rate in the Asia-Pacific region, surpassing Macau, Malaysia, the Philippines, Cambodia, and South Korea. Vietnam and Thailand are expected to see real wage surges of 3.6% and 3.4% respectively, while Singapore is projected to have modest growth of 0.5%. The region’s advantage of lower inflation rates compared to the rest of the world contributes to these increases. Greater China locations, excluding Hong Kong, are expected to be among the top ten globally in terms of real wage increases in 2024.
2023/11/09 15:09