The average monthly regular wage in August rose by 3.08 percent from a year earlier to NT$46,751 (US$1,453), while the average total monthly wage — including overtime pay, performance-based commissions and bonuses — spiked by 6.02 percent to NT$59,420, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said yesterday.
The statistics agency attributed the growth mainly to firms’ willingness to offer better compensation to attract and retain employees.
Its observation received support from the median wage — a more accurate reflection of typical earnings, as it is not skewed by extreme high or low wages — which stood at NT$37,502 in August, an annual increase of 3.77 percent, DGBAS data showed.
Photo: CNA
Employees at financial and insurance companies on average had the highest total monthly wages at NT$119,709, trailed by NT$107,620 at electronics vendors and NT$104,957 at electricity suppliers, the agency said, citing wage statistics in the first eight months.
By contrast, non-school education facilities had the lowest total monthly wages of NT$34,766, followed by hotels and restaurants at NT$39,140, and alternative services providers at NT$40,489, it said, but added that the figures were a noticeable improvement from the pre-COVID-19 pandemic era.
Male workers had a median monthly wage of NT$38,830, which was about 10 percent higher than their female counterparts at NT$35,136, suggesting a pickup of 3.25 percent and 2.95 percent respectively, the DGBAS said.
People aged between 50 and 64 have higher median regular pay at NT$42,008 per month, much better than people under 30 years old at NT$31,033, the agency said, adding that experience and seniority helped.
However, people aged older than 65, most of whom re-entered the workforce after retirement, had a median pay of NT$37,286, it said.
The average monthly wage was highest among people with graduate diplomas at NT$62,792, followed at a distant second by people with junior college or university degrees at NT$39,129, lending support to the belief that investment in education pays off, the DGBAS said.
Meanwhile, the industrial and service sectors added 2,000 personnel, so the overall number of workers grew 0.03 percent to 8.47 million, the agency said.
Overtime increased by 0.9 hours to 8.7 hours, as the high season for technology products approaches.
In the first eight months, headline regular monthly wages gained 2.66 percent to NT$46,331, while overall compensation bounced by 4.27 percent to NT$63,261, it said.
The data represented upticks of 0.35 percent and 1.92 percent respectively after adjustments for inflation, it added.
Cairo’s new monorail slices across the city skyline, running above the familiar chaos of blaring horns and aging buses’ exhaust fumes that mark rush hour below. The US$4.5 billion monorail, opened this month, is among Egypt’s most prominent new transport projects, part of a debt-funded infrastructure drive criticized for sapping state finances while bringing limited benefits to most of the country’s 109 million people. “It feels like you’re in a different country,” said Ramy Sayed, a restaurant manager, aboard a driverless Innovia 300 train. “No noise, no traffic, we’re not used to this.” The eastern line runs 56km from the bustling middle-class
Taiwanese firms have increased investment in the Philippines in recent years as Manila’s ties with Washington deepen and global supply chains continue to shift away from China, an expert at the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. The Philippines had not been among Taiwanese investors’ top choices in Southeast Asia, CIER Taiwan ASEAN Studies Center director Kristy Hsu (徐遵慈) said at a seminar in Taipei. However, Taiwan’s investment in the country has grown significantly since the COVID-19 pandemic, reaching US $257 million last year, a high in recent years, she said. Although Taiwan’s total investment in the Philippines still lags
Intel Corp regards Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) as a longstanding partner, as the US chipmaker would continue outsourcing production of advanced chips to TSMC, Intel chief executive officer Lip-Bu Tan (陳立武) said yesterday. “I don’t look at people as competitors. I look at the collaboration... Nvidia is also, you know, a good friend,” Tan told a news conference following his keynote speech at the Computex trade show in Taipei. “It’s a very trusted partnership for us... We are a big, top customer for them, and we’re going to continue doing that,” he said, referring to TSMC, the world’s largest foundry
Artificial intelligence (AI) agents would supplant smartphones as the center of people’s digital lives, fundamentally reshaping personal devices and driving a major computing upgrade cycle, Qualcomm Inc CEO Cristiano Amon said yesterday. In his keynote speech for this year’s Computex trade show in Taipei, Amon said that the rise of "agentic AI" — AI systems capable of reasoning, planning and carrying out tasks autonomously — would transform how people interact with technology across phones, PCs, vehicles and wearable devices. Describing the technology as the next major evolution in computing, Amon said that "2026 is the year of agents.” For decades, smartphones have sat
RSS