After 4 hours of discussion, Xu Mingchun, head of the Taiwan labor department, announced that starting from New Year's Day 2023, the basic monthly salary in Taiwan will be adjusted from the current NT$25,250 to NT$26,400, which is approximately RMB 5,952.11, an increase of 4.55%.

After 4 hours of discussion, Xu Mingchun, head of the Taiwan labor department, announced that starting from New Year's Day 2023, the basic monthly salary in Taiwan will be adjusted from the current NT$25,250 NT$26,400 NT$, which is approximately RMB 5,952.11, an increase of 4.55%. The hourly wage increased from NT$168 to NT$176, or approximately RMB39.68, an increase of 4.8%. This round of basic monthly salary increase is expected to benefit 1.7521 million workers, and the hourly salary increase is expected to benefit 574,600 workers.

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The conflict during this salary increase was relatively obvious: the laborer requested a 11% increase in one breath during the preliminary negotiation process, and advocated that the investor improve the working environment and welfare benefits of the workplace; but the investor bluntly stated that due to the impact of the new crown epidemic and instability of the international supply chain, its operation and capital turnover are also difficult, and it is impossible to increase the basic salary by 11%. In this way, it is necessary to close the door directly and don’t even think about making money. At most, the laborer will only raise 3% to show sincerity. After long-term negotiations, the two sides finally decided that the increase would fall to about 4.5 percentage points and reached a consensus. But due to the impact of inflation , the labor force still believes that a 4.5% increase will not make their lives better.

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Whether the basic salary will be further increased in the future and the extent will be observed later.

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