title_atlas__doing-business__2-entreprise_travail.html

The Active Population in Figures

Working Conditions

Legal Weekly Duration

48 hours per week or 8 hours per day.

Retirement Age

65 years old.

Working Contracts

It depends on the company. In general contracts offer little protection. The open ended contract does not exist. Full time employment is still the main type of labour contract in Taiwan, but companies increasingly hire independent contractors or temporary workers.

Labour Laws

Consult Doing Business Website, to obtain a summary of the labor regulations that apply to local entreprises.

Cost of Labour

Minimum Wage

The monthly minimum wage is NTD 29,500 (approx. USD 934 - with an hourly rate of NTD 196), as officially announced by the Ministry of Labor following the Minimum Wage Deliberation Committee's approval.

Average Wage

In August, the average regular earnings of full-time employees with Taiwan nationality was NT$50,885 (approx. USD 1,608), according to the Industry and Services Sector Earnings Statistics.

Social Contributions

Social Security Contributions Paid By Employers:

• Labour Insurance Program: 10.5% on the employee's monthly insured salary up to TWD 45,800, with an additional 1% levied for unemployment insurance; of which the employer bears 70%
• National Health Insurance Program: 4.69% of monthly insured salary, up to TWD 182,000, of which the employer bears 60% + a supplementary premium at the rate of 1.91% where the monthly pay exceeds the monthly insured salary range (capped at TWD 182,000)
• Labour Pension Program: at least 6% of the employee's monthly insured salary up to TWD 150,000.

Social Security Contributions Paid By Employees: •    Labour Insurance Program: 10.5% on the employee's monthly insured salary up to TWD 45,800, with an additional 1% levied for unemployment insurance; of which the employee bears 20%
•    National Health Insurance Program: 4.69% of monthly insured salary, up to TWD 182,000, of which the employee bears 30% + a supplementary premium at the rate of 1.91% where the monthly pay exceeds the monthly insured salary range (capped at TWD 182,000)

Social Partners

Social Dialogue and Involvement of Social Partners

Unions have little power and strikes are rare.

Labour Unions

Unionisation Rate

30%

Labour Regulation Bodies

Ministry of Labour