All Citizens Share Economic Fruits, President: Next Basic Wage Adjustment Will Exceed NT$30,000
Taiwanese President Lai Ching-te stated that the government will continue to assist industries in upgrading and developing to enhance competitiveness, ensuring stable employment for workers and continuously improving labor conditions and rights. He expects the monthly basic wage to exceed NT$30,000 after the next adjustment.
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- 📰 Published: April 30, 2026 at 12:02
- 🔍 Collected: April 30, 2026 at 12:31 (29 min after Published)
- 🤖 AI Analyzed: April 30, 2026 at 13:03 (32 min after Collected)
Central News Agency
(Central News Agency reporter Yeh Su-ping, Taipei, 30th) President Lai Ching-te said today that the government will continue to assist industries in upgrading and developing to enhance competitiveness, ensuring stable employment for workers and continuously improving labor conditions and rights, to ensure that the fruits of economic growth can be shared by all citizens. He said that if the basic wage is raised again next time, the monthly salary will exceed NT$30,000, and everyone will work hard together.
President Lai today received the "115th National Model Workers, National Model Migrant Workers and their Family Members or Accompanying Persons" at the Presidential Office. The President stated that tomorrow is May 1st Labor Day, and he wants to represent the nation to extend his sincerest respect and gratitude to the award winners and all workers nationwide. He thanked all industries for their diligent and hard work every day, stating that without everyone's efforts and contributions, there would be no prosperous and developed Taiwan today.
He said that the 51 national model workers and 10 national model migrant workers selected this year, who received recognition, each represent the spirit of craftsmanship in their profession, and behind them are wonderful life stories. In particular, he wants to express Taiwan's gratitude to the 10 award-winning migrant workers. Leaving their hometowns to work hard in Taiwan is not just for personal career development, but actually helps Taiwan.
President Lai said that all industries, small and medium-sized enterprises, are the cornerstone of Taiwan's protective mountain range. In the past year, with everyone's joint efforts, Taiwan has delivered outstanding results. Last year's economic growth rate reached 8.68%, the best performance in 15 years, and this week the Taiwan stock market also performed exceptionally, reaching a historical high. This is not just a financial market figure, but also represents the global strength of Taiwan's industries, and even more so, the success of all workers.
He emphasized that in the future, the government will continue to assist industries in upgrading and developing to enhance competitiveness, ensuring stable employment for workers and continuously improving labor conditions and rights, to ensure that the fruits of economic growth can be shared by all citizens; dignified labor and a friendly workplace are the government's goals, and multi-pronged approaches will be taken.
President Lai stated that the basic wage has been adjusted for 10 consecutive years this year, with the monthly salary increasing from NT$20,008 in 2016 to the current NT$29,500, and the hourly wage also reaching NT$196. All nationalities are treated equally, benefiting over 2.47 million workers. If the basic wage is raised again next time, the monthly salary will exceed NT$30,000, and everyone will work hard together.
The President also said that the Labor Insurance Act has been amended, explicitly legalizing government appropriations and clearly stipulating the government's ultimate payment responsibility. Since former President Tsai Ing-wen's tenure, the government has allocated over NT$100 billion, NT$200 billion, or at least tens of billions annually to the Labor Insurance Fund, aiming to ensure that every worker can receive money when they retire. Now, it will be legalized, fulfilling his campaign promise. The government will establish a regular financial review mechanism to ensure the long-term stable operation of the labor insurance system.
He said that in addition to strengthening the financial stability of labor insurance, the government has also continued to allocate funds to the Labor Insurance Fund since 2020. This year, NT$130 billion will also be allocated. The government will be the backing for all workers, ensuring that everyone's retirement life is more secure.
In addition, the President said that this year, the new flexible parental leave system was officially implemented, strengthening corporate childcare and expanding the birth subsidy program. The government aims to reduce the burden on young families and give young generations who want to start a family and raise children greater confidence and more support.
He said that workplace safety, dignified labor, and care for life are the directions the government will continue to strive for. The stronger Taiwan's economy is, the more stable employment should be, and the fruits of economic development should be shared by all citizens. The more advanced Taiwan's industries are, the more dignified labor should also advance. This is the path Taiwan should take. (Editor: Su Chih-tsung) 1150430
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(Central News Agency reporter Yeh Su-ping, Taipei, 30th) President Lai Ching-te said today that the government will continue to assist industries in upgrading and developing to enhance competitiveness, ensuring stable employment for workers and continuously improving labor conditions and rights, to ensure that the fruits of economic growth can be shared by all citizens. He said that if the basic wage is raised again next time, the monthly salary will exceed NT$30,000, and everyone will work hard together.
President Lai today received the "115th National Model Workers, National Model Migrant Workers and their Family Members or Accompanying Persons" at the Presidential Office. The President stated that tomorrow is May 1st Labor Day, and he wants to represent the nation to extend his sincerest respect and gratitude to the award winners and all workers nationwide. He thanked all industries for their diligent and hard work every day, stating that without everyone's efforts and contributions, there would be no prosperous and developed Taiwan today.
He said that the 51 national model workers and 10 national model migrant workers selected this year, who received recognition, each represent the spirit of craftsmanship in their profession, and behind them are wonderful life stories. In particular, he wants to express Taiwan's gratitude to the 10 award-winning migrant workers. Leaving their hometowns to work hard in Taiwan is not just for personal career development, but actually helps Taiwan.
President Lai said that all industries, small and medium-sized enterprises, are the cornerstone of Taiwan's protective mountain range. In the past year, with everyone's joint efforts, Taiwan has delivered outstanding results. Last year's economic growth rate reached 8.68%, the best performance in 15 years, and this week the Taiwan stock market also performed exceptionally, reaching a historical high. This is not just a financial market figure, but also represents the global strength of Taiwan's industries, and even more so, the success of all workers.
He emphasized that in the future, the government will continue to assist industries in upgrading and developing to enhance competitiveness, ensuring stable employment for workers and continuously improving labor conditions and rights, to ensure that the fruits of economic growth can be shared by all citizens; dignified labor and a friendly workplace are the government's goals, and multi-pronged approaches will be taken.
President Lai stated that the basic wage has been adjusted for 10 consecutive years this year, with the monthly salary increasing from NT$20,008 in 2016 to the current NT$29,500, and the hourly wage also reaching NT$196. All nationalities are treated equally, benefiting over 2.47 million workers. If the basic wage is raised again next time, the monthly salary will exceed NT$30,000, and everyone will work hard together.
The President also said that the Labor Insurance Act has been amended, explicitly legalizing government appropriations and clearly stipulating the government's ultimate payment responsibility. Since former President Tsai Ing-wen's tenure, the government has allocated over NT$100 billion, NT$200 billion, or at least tens of billions annually to the Labor Insurance Fund, aiming to ensure that every worker can receive money when they retire. Now, it will be legalized, fulfilling his campaign promise. The government will establish a regular financial review mechanism to ensure the long-term stable operation of the labor insurance system.
He said that in addition to strengthening the financial stability of labor insurance, the government has also continued to allocate funds to the Labor Insurance Fund since 2020. This year, NT$130 billion will also be allocated. The government will be the backing for all workers, ensuring that everyone's retirement life is more secure.
In addition, the President said that this year, the new flexible parental leave system was officially implemented, strengthening corporate childcare and expanding the birth subsidy program. The government aims to reduce the burden on young families and give young generations who want to start a family and raise children greater confidence and more support.
He said that workplace safety, dignified labor, and care for life are the directions the government will continue to strive for. The stronger Taiwan's economy is, the more stable employment should be, and the fruits of economic development should be shared by all citizens. The more advanced Taiwan's industries are, the more dignified labor should also advance. This is the path Taiwan should take. (Editor: Su Chih-tsung) 1150430
Choose to stand with facts, every sponsorship you make is a force to protect press freedom.
Download the Central News Agency's "First-hand News" APP to stay updated with the latest news.
The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.