Imminent wage increase to benefit 1 million laborers in Taiwan

By on Apr 23, 2011 at 6:05 AM
Business April 23, 2011

Taiwan’s minister of the Counsel of Labor Affairs (CLA) on Thursday announced her intentions to raise the nation’s basic wage for public workers by over 3%. CLA minister Jennifer Wang remarked that despite a 3.47% increase to Taiwan’s basic wage last year, the planned 3% pay hike for public workers should be increased further still. Wang argues that the country’s base pay was too low to begin with, so another 3% hike will not be sufficient for those earning a minimum wage. As of January 1st of this year, basic pay for public workers was increased from NT$17,280 to NT$17,880, or approximately $619 each month. The CLA minister’s comments came following Lawmaker Ho Tsai-feng’s note that the minimum wage should be raised by $2,330 each month, the average increase across all public workers at the currently slated 3% rate. This would bring Taiwan’s monthly minimum wage to NT$20,110, or $696.

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  • Chut Pata

    Taiwan’s reunion with China is long over due. They are missing the bus. Hong Kong benefited greatly from the reunion as they got a huge market and cheap labor pool, plus they greatly helped the Chinese society liberate from obsolete ideologies. On the other hand Taiwanese were fools to insist that they were the real China, and now they are fools to insist that they are not a part of China at all. Pretty soon the sun of Taiwan will set and they will realize what a fool were they to miss the bus.

  • Anonymous

    This article is confused. Let me rewrite it for you:
    This article is really confused. Let me rewrite it for you.

    Taiwan’s minister of the Counsel of Labor Affairs (CLA) on Thursday announced her intentions to raise the nation’s basic wage by over 3%. CLA minister Jennifer Wang remarked that despite a 3.47% increase to Taiwan’s basic wage last year, it is still too low. She believes a 3% increase to the basic wage, similar to that scheduled for public workers, is inadequate. A 3% increase would bring Taiwan’s monthly minimum wage to NT$20,110, or $696.

    As of January 1st of this year, minimum pay for public workers was increased from NT$17,280 to NT$17,880, or $619 each month. The CLA minister’s comments came following Lawmaker Ho Tsai-feng’s note that the 3% public wage hike would result in an average wage increase of $2,230 each month.

  • Joe12304

    LOL and people bitch about the US.

  • Matthew

    Good for them, more pay always helps out.

    • Anonymous

      no it doesn’t. this is just wrong. basic economics says that an increase in wages causes an increase in production costs. part of these costs are often passed on to consumers through higher prices of goods.

      an increase in minimum wage of 3% doesn’t translate into a standard of living improvement of 3% in the real world.

      on top of this, increases in minimum wages can, although they do not always, increase the level of unemployment as firms are not willing to pay for workers who are not worth the new wage. for example, if you were worth 6 bucks an hour to a company, and the minimum wage went up to 7/hour, you would most likely be let go since you are of low skill and replaceable anyway. these people could be worse off under minimum wage increases.

      while this increase may have a small impact on standard of living, you shouldn’t confuse minimum wage with standard of living. its far more complicated than that. and at 3% the effect is likely to be negligible anyway.

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