Taipei, Sept. 14 (CNA) The Ministry of Labor (MOL) on Wednesday officially announced that Taiwan's minimum monthly and hourly wage will rise by 4.55 percent and 4.76 percent, respectively, from Jan. 1, 2023.
Taipei, Sept. 14 (CNA) The average real regular wage fell during the first seven months of this year for the first time in six years, as inflation eroded wage growth, according to the Directorate General of Budget, Accounting and Statistics (DGBAS) Wednesday.
Taipei, Sept. 1 (CNA) A 4.55 percent hike in the minimum monthly wage next year agreed by the Ministry of Labor's (MOL) Minimum Wage Review Committee Thursday is intended to both offset inflationary pressure on workers and minimize the cost to businesses, many of which have barely recovered from the impact of the COVID-19 pandemic, Labor Minister Hsu Ming-chun (許銘春) said that day.
Taipei, Sept. 1 (CNA) Taiwanese business groups have criticized the government's decision to raise the minimum wage by over 4 percent from next year, citing already tough economic conditions, while labor advocates called for overhauling the committee-based process through which such decisions are made.
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