Average take-home wages increase 2.77% - News Summed Up

Average take-home wages increase 2.77%


Average take-home wages increase 2.77%BEFORE SETBACK: The job market was almost back at a pre-COVID-19 level before a new virus outbreak, officials said, postponing the release of data for last monthBy Crystal Hsu / Staff reporterAverage monthly take-home wages in April gained 2.77 percent from a year earlier to NT$43,190, while total wages — including overtime and performance-based compensation — grew 4.27 percent to NT$49,930, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said yesterday, attributing the trend to an improving economy. Directorate-General of Budget, Accounting and Statistics Deputy Director Chen Hui-hsin speaks at an online news conference in Taipei yesterday. Major listed companies from different sectors posted record revenues last month, lending support to steady advances in monthly wages. Employees at airline companies enjoyed the highest average take-home pay of NT$74,981 per month, followed by workers at electricity and gas suppliers at NT$65,192, and employees in the financial and insurance industries at NT$63,884, DGBAS data showed. For the first four months of this year, regular monthly wages on average increased 2.16 percent year-on-year to NT$43,085, while total compensations gained 2.69 percent to NT$62,628, the agency said.


Source: Taipei Times June 10, 2021 15:56 UTC



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