average wages 結果共8筆

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.

Discover the latest on Taiwan’s employment trends: Average earnings for employees saw a slight increase in the first five months of 2024, amidst ongoing wage disparities across industries. Learn more about the sectors leading in high and low wages, and the rising demand for AI skills.

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.

President Tsai Ing-wen commends Taiwan’s remarkable economic growth, surpassing East Asia’s average, during a year-end celebration. She urges corporations to enhance employee benefits as her term nears its end.

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.

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.

Taiwan’s average regular earnings for employed workers increased by 2.49% from January to October, reaching NT$45,441. However, this growth is the lowest in the past three years, with total earnings, including bonuses and other irregular income, only up by 1.53%. The average monthly real wage slightly increased by 0.06% to NT$41,370, while the average total real wage decreased by 0.87% to NT$53,960, the first decline in seven years. This decline is attributed to a decrease in year-end bonuses following a cooling economy and a decrease in exports. Despite an overall increase in employment of 10,000 workers compared to last year, the manufacturing industry saw a significant drop of 27,000 employees due to economic adjustments. In October, the average regular wage was NT$45,564, up 0.13% from the previous month and 2.31% year-on-year. Part-time workers’ average hourly regular earnings increased marginally to NT$200, reflecting a 1.01% year-on-year gain. While industries such as arts, entertainment, and leisure services, as well as real estate, experienced wage increases, sectors like computer, electronic, and optical product manufacturing saw significant decreases in total wages by 18.54%. The employment numbers in manufacturing have been impacted by export decline, with an increase of 10,000 employed workers from January to October. The industrial sector saw a decrease of 0.63%, while the service sector grew by 0.67%. Accommodation and food services experienced a growth of 13,000 jobs, arts, entertainment, and leisure services saw an upsurge of 7,000, but manufacturing was hit with a reduction of 27,000 employees.

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.