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Labor ministry says consensus reached on basic wage hike

Labor ministry says consensus reached on basic wage hike

2023-08-17

The labor ministry signals that it will raise the minimum wage next year, to shield consumers from inflation. The decision will be formally announced next month, when the ministry’s wage review committee convenes. But according to labor minister Hsu Ming-chun, there’s already a consensus to raise wages. When asked for comment, industry group leader Paul Hsu said that a 3% increase would be acceptable given inflationary pressures. But he said that inflation concerns should be tempered by factors such as Taiwan’s economic slowdown. Let’s hear from him.

Voice of Paul Hsu
General Chamber of Commerce president
From this January to July, exports fell 17%, and imports also dropped 20%. Among the Four Asian Tigers, Taiwan has suffered the worst. Rising commodity prices, of course, are a very important factor when considering basic wage adjustments. But other factors to consider are slowing economic growth and furlough figures, which currently exceed 10,000. In particular, the manufacturing sector has been under considerable strain.

Huang Wei-chen
Ministry of Labor official
In the second quarter, the working group noted that domestic demand was good but external demand was affected by the global economic climate. The committee will have final discussions to assess the impact of these intertwined factors.

Based on the latest economic indicators, the upcoming wage adjustment should fall between 3% to 3.2%. This would take the monthly wage beyond NT$27,000. The hourly wage would rise to NT$182. If the wage hike is approved, it would be the Tsai administration’s eighth raise in seven years. So far, the government has increased the monthly wage by 32% and hourly rates by 47%.

勞動部長預告 勞資雙方有共識調升明年基本工資

2023-08-17

高通膨物價壓力大,勞動部長許銘春預告,9月初召開基本工資審議委員會,各方已有共識調升明年基本工資。商總理事長許舒博表示,通膨壓力大,調漲3%可接受,期盼委員會除了考量物價,也要參考經濟表現。

[[聲源:商總理事長 許舒博]]
“今年一到七月出口減少17%,進口也少了兩成,在亞洲四小龍裡面,台灣最重,物價上漲當然是考慮基本工資調漲很重要因素,但是另外可能要考慮經濟成長衰退,無薪假目前已經破萬,製造業受的衝擊會比較大”

[[勞動部條平司司長 黃維琛]]
“第二季工作小組提到,內需順暢,外需有受國際環境影響,到底影響層面交錯下來如何考慮,委員會會來做最終討論”

若以最新經濟數據估算,基本薪資調幅將落在3%至3.2%,月薪可望突破27K、時薪182元。蔡政府7年任內,月薪漲幅32%、時薪漲幅更高達47%,若基本薪資調漲拍板定案,將是蔡政府上任以來第8度調升基本工資。

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