New Taiwan Dollar
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yyyy-mm-dd; yyyy年m月d日

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4.53% - Health Insurance
6.65% - Labor Insurance
6.00% - Pension Fund
5.00% - Up to 540,000
12.00% - 540,000 - 1,210,000
20.00% - 1,210,000 - 2,420,000
30.00% - 2,420,000 - 4,530,000
40.00% - 4,530,000 - 10,310,000
45.00% - Over 10,310,000

Minimum Wage


Minimum wage is NT$23,100 monthly/NT$150 hourly.

Starting in January 2020, minimum wage will rise to NT$23.800 monthly/NT$158 hourly.

Working Hours


Fulltime employment is considered 40 hours weekly, and 8 hours daily. There must be two rest days every 7 days. One is mandetory and the 2nd is flexible (employees may choose to work on the flexible day).


Working hours cannot exceed 12 in one day, and maximum overtime is 46 hours monthly. Overtime is paid at: 134% for the 8th-10th hours (daily) and 167% for the 10th-12th hours (daily) Overtime on ""flex-day"" is paid at: 134% for first two hours, 167% for 2nd-8th hours and 267% for 8th-12th hours



5% standard rate.

Mandatory Benefits

Pension Fund

Employers contribute 6% for Taiwaneese nationals, and 2%-15% for non-Taiwaneese. Employees contribute 4.2%.

Social Security

Social security contributions are mandatory and to be made by the employer and employee. The social security program includes LaborInsurance Program (LIP), National Health Insurance Program (NHIP), and LaborPension Program (LPP).

  • Employer contribution: 11.18% of workers wages
  • Employee contribution: 3.37% of wages


Payroll Cycle

Salaries are paid on monthly for work done between the 1st and last day of the month. Payday is typically on the 15th of every month.


Termination Process

Employers must provide notice in accordance with length of employment:

  • 3 months to 1 year - 10 days
  • 1 to 3 years - 20 days
  • Over 3 years - 30 days
Advance Notice

Employees on non-fixed term contracts must apply the same period of notice as employers. For fixed term contractacts of 3 years or more, 30 day notice is required. Otherwise, under most circumstances, workers may not terminate.

Severance Pay

For employees who began employment pre 2005 under the Labour Standards Act, severance pay will be equal to one month of average wages for each year of service, provided the employee was employed by the same employer continuously. Those employees who have worked for less than a year receive severance pay in proportion to the months of service.

For employees who began employment post 2005 under the Labour Pension Act, severance pay is also calculated based on one month’s average wages for each year of service. However, the amount that the company pays for each year of service is equal to 50 percent of the employee’s average monthly salary.