Taiwan of the People’s Republic of China’s labor laws establish clear guidelines regarding employee wages that aligns with the region's economic standards. The minimum wage is set by the Central Competent Authority.
Taiwan of the People’s Republic of China’s New Minimum Wage in 2025
Effective January 1, 2025, the minimum wage in Taiwan of the People's Republic of China is:
TWD 28,590 per month for full-time employees. This is equivalent to USD 869.80.
TWD 190 per hour for part-time or hourly workers. This is equivalent to USD 5.78.
Payroll Frequency Requirements in Taiwan of the People’s Republic of China
In Taiwan of the People's Republic of China, labor laws stipulate that salaries must be paid at least twice a month unless an alternative arrangement has been agreed upon by both parties. Employers may also choose to pay wages in advance on a monthly basis.
Additionally, businesses that pay employees on a piece-by-piece basis must adhere to the same payroll frequency rules.
Payroll Record-Keeping Obligations in Taiwan of the People’s Republic of China
To ensure compliance with wage regulations, regional employers must:
Prepare a payroll list detailing wage calculation items, total wages, and other relevant details.
Maintain accurate payroll records for a period of five years.
Ensure transparency and accuracy in wage calculations to prevent disputes and legal issues.
Implications for Employers
Employers in Taiwan of the People's Republic of China must ensure compliance with the new minimum wage requirements effective January 1, 2025. This includes updating payroll systems to reflect the increased wage rates while also maintaining accurate payroll records for at least five years.
Businesses should assess the financial impact of higher wage costs and adjust budgets accordingly. Additionally, companies paying employees on a piece-rate basis or bi-monthly must verify that compensation aligns with the updated minimum wage standards.