Sun, Nov 25, 2007 - Page 11 News List

Salaries increase 1.73% on 2006 period


Regular monthly salaries of local wage earners in the country's service and industrial sectors averaged NT$36,676 (US$1,134) in the first nine months of this year, up 1.73 percent from the same period last year, an official said yesterday.

This marks a seven-year high, the official with the Directorate General of Budget, Accounting and Statistics (DGBAS) said.

The average regular monthly salary has risen for six consecutive quarters and has consistently registered year-on-year growth greater than 1 percent for 16 months in a row, the official said, adding that all figures indicated a steady increase in the regular average salary.

According to DGBAS tallies, the overall average September salary for wage earners, which includes irregular payments as well as regular salary, amounted to NT$43,346, up 2.9 percent over the previous month's level and up 6.91 percent over last September's figure.

The overall average monthly salary for wage earners during the January-September period was NT$46,276, up 2.35 percent year-on-year, according to DGBAS statistics.

The number of employees in the service and industry sectors in September stood at 6.16 million, down 0.1 percent from the previous month and up 1.44 percent over the same period last month.

The average number of employees in those sectors for the January-September period was 6.11 million, up 1.57 percent over the same period last year.

The statistics also showed that the number of monthly hours worked by those workers in September stood at 170.8, down 21.8 from the previous month's level and down 11.9 from the same month last year. The average number of monthly hours for the January-September period was down two hours from the level a year earlier.

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