Starting next year, overseas Filipino workers in Taiwan will benefit from the pending decision of Taiwan to raise the monthly minimum wage to NT$29,500 (P56,381.85), according to the Department of Migrant Workers (DMW).
It will be a 3.18 percent increase to the prevailing monthly minimum wage NT$28,590 (P54,642.61) in Taiwan. The Taiwanese government also raised the hourly rate from NT$190 (P363.14) to NT$196 (P374.60).
The higher rates, will take effect on 1 January 2025 once it is approved by the Executive Yuan-the highest administrative body in the self-governing island. It is the 10th successive year Taiwan implemented such an increase.
DMW Secretary Hans J. Cacdac welcomed said wage hikes in Taiwan, which he said will help thousands of OFWs cope with rising cost of living.
‘We are very grateful to the Taiwanese government and labor organizations for their efforts to implement this wage hike,’ he said in Filipino in a statement.
‘This news is a victory for all workers in Taiwan, especially for our OFWs,’ he added.
The DMW chief assured that they will ensure that OFWs will benefit from the said increase.
Based on the latest government data, of the 200,000 Filipinos in Taiwan, 170,000 are workers.