6.65% - Labor Insurance
6.00% - Pension Fund
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 is NT$23,100 monthly/NT$150 hourly.
Starting in January 2020, minimum wage will rise to NT$23.800 monthly/NT$158 hourly.
Paid Time Off
Annual leave is dependent on the years an employee has worked for the employee.
- 3 days after 6 months of service
- 7 days after a completed year
- 10 days after 2 years
- 14 days after 3 years
- 15 days after 5 year
- 1 additional day is given every year after 10 years.
Maximum annual leave is 30 days.
Unused vacation days carry over to the following year. If those vacation days aren’t used within two years, they will be converted into salary. Payment is based on the employees first year wage.
If unused annual leave is not carried over to the next year,or if the employee’s contract is terminated by the end of the first year, regulardailywagesarepaid for unused days off.
Employees are entitled to two types of sick leave in Taiwan. They can have 30 days ordinary sick leave a year, provided they are not hospitalized,or they can also take one year of sick leavewithin two-year period, when they are hospitalized. The combined number of sick days taken within two years cannot exceed one year.
Expecting mothers are entitled to 8 weeks leave paid at 100% rate unless the employee has worked at the company for less than 6 months, in which case the rate is lowered to 50%.
New fathers are entitled to 5 days of fully paid paternity leave.
Employees can take parental leave if they have worked for the same employer for at least 6 months. The employee’s child should be younger than 3 years of age and his or her spouse should be employed. Paternal leave is unpaid.
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.
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.
Employers contribute 6% for Taiwaneese nationals, and 2%-15% for non-Taiwaneese. Employees contribute 4.2%.
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
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
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.
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.