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the taiwan authorities' labor department submitted the review conclusions of the minimum wage for next year to the "minimum wage review committee" on the 5th. taiwan's executive yuan spokesperson li huizhi said on the 13th that executive yuan director zhuo rongtai has approved the monthly minimum wage at nt$28,590 (approximately rmb 6,353) and the hourly minimum wage at nt$190, which will be implemented on january 1 next year.

li huizhi said that this adjustment of the minimum wage is the first time that it is based on the procedures of the newly implemented "minimum wage law". the "minimum wage review committee" will consider the annual increase rate of the consumer price index in accordance with regulations to formulate adjustment standards, review the minimum wage adjustment amount and make adjustment recommendations. the review conclusion of this meeting is to adjust the current monthly basic wage from 27,470 yuan to 28,590 yuan, and the current hourly basic wage from 183 yuan to 190 yuan. the administrative agency has approved this adjustment recommendation and it will be implemented on january 1 next year.

lee huizhi added that with the minimum wage increase next year, it is estimated that about 1.895 million workers (1.527 million local workers and 368,000 foreign workers) will benefit from the monthly minimum wage; for the hourly minimum wage, it is estimated that about 676,800 workers will benefit.

since tsai ing-wen came to power in 2016, taiwan's minimum wage has been raised almost every year, but there are still many voices of dissatisfaction among the public. the salaries of most local workers on the island are already higher than the minimum wage, so each adjustment does not affect them much, while foreign workers benefit greatly. in addition, with the increase in the minimum wage, the employment costs of manufacturers are bound to increase, stimulating further price increases. some netizens on the island compared the purchasing power of current salaries and found that they are not even as good as they were 20 or 30 years ago.

some young people on the island lamented that even if their salary increased to 30,000, they would not be able to save any money after deducting basic living expenses.

lin jingxian, taiwan correspondent of strait herald