Rivermate | Taiwan landscape
Rivermate | Taiwan

Salary in Taiwan

399 EURper employee/month

Learn about salary requirements and payroll practices in Taiwan

Updated on April 25, 2025

Establishing a presence in Taiwan requires a clear understanding of the local compensation landscape to attract and retain top talent. Competitive salary and benefits packages are essential components of a successful hiring strategy, reflecting both market standards and regulatory requirements. Navigating these aspects effectively ensures compliance and positions your company as an attractive employer in the Taiwanese market.

Taiwan's compensation environment is influenced by a dynamic economy, specific industry demands, and government regulations. Employers must consider not only base salaries but also mandatory contributions, common bonuses, and local payment practices to build a comprehensive and compliant compensation structure for their employees.

Market Competitive Salaries

Salaries in Taiwan vary significantly based on industry, role, experience level, company size, and location. High-demand sectors such as technology, semiconductors, finance, and manufacturing typically offer more competitive compensation packages. Entry-level positions will naturally command lower salaries than mid-level or senior management roles requiring specialized skills and extensive experience.

While specific salary data for 2025 will continue to evolve, general ranges can be observed based on current market conditions. For instance, roles in the technology sector, particularly software development, AI, and hardware engineering, often see higher compensation.

Industry/Role Category Typical Monthly Salary Range (NTD)
Entry-Level Professional 35,000 - 50,000
Mid-Level Professional 50,000 - 80,000
Senior Professional 80,000 - 150,000+
IT/Tech Specialist 60,000 - 120,000+
Manufacturing Engineer 50,000 - 90,000
Marketing/Sales 40,000 - 80,000+ (plus commission)

Note: These ranges are illustrative and can vary widely based on specific factors.

Minimum Wage Requirements

Taiwan has a statutory minimum wage that is reviewed annually and typically adjusted effective January 1st. Employers must ensure that all employees, regardless of their employment type (full-time, part-time), are paid at least the minimum wage rate. The minimum wage is set for both a monthly rate and an hourly rate.

As of the most recent adjustment, the minimum wage rates are:

Rate Type Amount (NTD)
Monthly 27,470
Hourly 183

Any potential adjustments to these rates for 2025 are typically announced in the latter half of the preceding year. Employers must stay informed about these changes to maintain compliance. The minimum wage applies to all employees covered by the Labor Standards Act.

Common Bonuses and Allowances

Beyond the base salary, several types of bonuses and allowances are common in Taiwan, forming a significant part of the total compensation package.

  • 13th-Month Salary (Year-End Bonus): This is a widely practiced tradition, where employees receive an extra month's salary, typically paid before the Lunar New Year. While not legally mandated for all companies, it is a strong market expectation and crucial for talent retention.
  • Performance Bonuses: Many companies offer bonuses tied to individual or company performance, paid out annually or semi-annually.
  • Mid-Year Bonus: Some companies provide a bonus around the Dragon Boat Festival or Mid-Autumn Festival.
  • Meal Allowance: A common allowance provided to employees to cover meal expenses.
  • Transportation Allowance: Some employers offer allowances for commuting costs.
  • Holiday Bonuses/Gifts: Companies often provide small bonuses or gifts for major holidays like Lunar New Year, Dragon Boat Festival, and Mid-Autumn Festival.

The structure and amount of these bonuses can vary significantly between companies and industries.

Payroll Cycle and Payment Methods

The standard payroll cycle in Taiwan is monthly. Salaries are typically paid once a month, usually on a fixed date towards the end of the month or the beginning of the following month.

The most common method for salary payment is direct deposit into the employee's designated Taiwanese bank account. Employers are required to provide employees with a clear payslip detailing their gross salary, deductions (such as labor insurance, health insurance, and income tax withholding), and net pay.

Compliance with local labor laws regarding timely payment and accurate record-keeping is essential.

Salary trends in Taiwan are influenced by several factors, including economic growth, inflation rates, talent shortages in specific sectors, and government policies. For 2025, key factors likely to influence salaries include:

  • Continued demand in high-tech sectors: The semiconductor, AI, and electronics industries are expected to continue driving salary increases due to global demand and talent competition.
  • Inflation: While inflation rates can fluctuate, any significant increase can put upward pressure on wages as employees seek to maintain purchasing power.
  • Minimum Wage Adjustments: Annual adjustments to the minimum wage set a floor for entry-level salaries and can influence wage structures across lower pay bands.
  • Global Economic Conditions: Taiwan's export-oriented economy is sensitive to global economic health, which can impact company performance and, consequently, salary budgets.

Overall, a moderate increase in average salaries is anticipated for 2025, particularly in sectors experiencing high growth and talent demand. Employers should benchmark regularly against industry peers to remain competitive.

Employ top talent in Taiwan through our Employer of Record service

Book a call with our EOR experts to learn more about how we can help you in Taiwan

Book a call with our EOR experts to learn more about how we can help you in Taiwan.

Martijn
Daan
Harvey

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