Your daily dose of updates from Pinoys in Taiwan and Philippines

Taiwan's MOL denies freezing of minimum wage this year

Taiwan denies rumor from local media regarding freezing of this year's minimum wage, Ministry of Labor (MOL) said that it has no plan to freeze the official minimum wage at NT$24,000.

MOL officials denied a freeze had been discussed, emphasizing that the review committee included representatives of labor, employers, government, and academics, Taiwan News reported.

Decisions will be based on an analysis of factors including the national economy, wages, inflation, and family income, the MOL said.

COVID-19 situation affects Taiwan's economy but no freeze for minimum wages has yet been on the table.

The last increase of minimum wage is the fifth minimum monthly wage increase since President Tsai Ing-wen took office. 



No comments:

Post a Comment

Popular Posts

Blog Archive