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.
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
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