new minimum wage 結果共6筆

Discover how Taiwan’s President Tsai Ing-wen honored workers on Labor Day’s eve, highlighting wage increases and efforts for safer, equitable workplaces. Learn about the new Minimum Wage Act and other initiatives aimed at enhancing labor conditions in Taiwan.

Taiwan is set to increase its minimum wage for 2024, benefiting approximately 2.39 million workers. Monthly basic wages will rise from NT$26,400 to NT$27,470, a 4.05% increase, benefiting 1.79 million workers. Hourly wages will also see a boost from NT$176 to NT$183, benefiting around 600,000 workers. The changes will affect labor insurance premiums, with employers bearing an extra cost of NT$2,307, workers contributing NT$659, and the government chipping in NT$329. This marks an increase of NT$89, NT$25, and NT$13, respectively, compared to the existing system. The adjustment will also impact the categorization of labor insurance premiums and retirement monthly contributions schedules. While the wage hike will increase labor costs, it provides an important boost for workers in challenging economic times.

The Legislative Yuan has passed the Minimum Wage Bill in Taiwan, which requires employers to meet minimum wage standards when settling wages with employees. Noncompliance with this law could result in fines of up to NT＄1.5 million and public disclosure of the offender’s name. The new legislation mandates the inclusion of the Consumer Price Index (CPI) as one of the key references when determining minimum wage, linking wage adjustments more closely with the cost of living. Previously, adjustments to the basic wage were governed by lesser regulations - the Deliberation Regulations for Basic Wage, which are merely administrative orders and do not guarantee annual wage increases. Labor Minister Hsu Ming-chun welcomed the passage of this legislation, expressing gratitude to labor and employer groups, scholar experts, and legislators from all parties for their support. President Tsai Ing-wen had initially proposed the elevation of the Minimum Wage from an administrative order to the force of law in her 2016 policy plan, but it took seven years for the draft to make its way through the legislative process.

The New Power Party (NPP) has called for stricter regulations on minimum labor wages, proposing that manufacturers who violate laws should be banned from government procurement. The NPP emphasizes equal representation in decision-making, with a ＂1:1:1＂ ratio of labor, capital, and government-academic parties. They argue that adjustments to the minimum wage should not fall below the annual Consumer Price Index (CPI) growth rate, linking wage increases to inflation and cost of living adjustments. NPP Chairwoman Claire Wang advocates for strict penalties, including adding violators to a government procurement blacklist. The NPP’s draft is inspired by France’s minimum wage laws, aiming to protect workers’ living standards in the face of rising costs.

Taiwan People’s Party (TPP) legislator Lai Hsiang-ling has called for the inclusion of a formula in the Minimum Wage Act to guarantee that wage adjustments are not lower than the inflation rate. Meanwhile, New Power Party legislator Chiu Hsien-chih has demanded that representatives from the Ministry of Labor (MOL) be involved in the wage deliberation committee and that evaluation reports be made public before meetings. Lai has expressed concern about the lack of changes in the current draft of the Minimum Wage Act and the limited number of academic representatives on the committee. She has proposed increasing the number of labor representatives and considering factors such as the consumer price index annual increase rate, previous year levels, rent, and employment dependency ratios in annual wage adjustments. Lai has also suggested barring non-compliant small and medium-sized enterprises (SMEs) from participating in government tenders.

Kuomintang (KMT) presidential candidate Hou Yu-ih unveiled his policy agenda aimed at enhancing working conditions and salary levels on Friday, September 8.