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Premier hoping for broader discussion on wage growth

  • 10 May, 2014
  • Editor

Under pressure to increase the minimum wage, Premier Jiang Yi-huah says a scheduled meeting on the subject may be brought forward.

Speaking at a legislative hearing on Friday, Jiang said a minimum wage review commission decided last year that it would not hold another meeting on the issue unless Taiwan’s consumer price index has risen by 3%. So far prices have not risen by as much.

Jiang said if a meeting were to be held before the scheduled time, labor groups and academics would be consulted.

Taiwan’s real wages have remained roughly the same as 16 years ago. The minimum wage has been a hot topic recently, after labor groups protested against low pay on Labor Day and inflation was reported to have hit a 14-month high.

Many prominent politicians have weighed in on the issue. New Taipei City Mayor Eric Chu recently proposed that tax incentives should be given to employers to encourage profit-sharing.

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