Almost half of Taiwan businesses to raise wages by average of 3.2% next year

近半台灣企業明年平均薪資漲3.2%

Highest proportion of employers in 10 years


TAIPEI (Taiwan News) – For the first time in a decade, almost half of Taiwan’s businesses plan to hike wages next year, with the average raise at 3.2%, a survey showed Thursday (Nov. 21).

According to the 104 Job Bank poll, a personnel shortage and plans for a 3% raise for teachers, military staff, and civil servants were the main drivers behind the trend. The survey also found that wages at accounting and law firms were expected to increase by 4.1%, in the information and communication technology sector by 3.8%, and in the semiconductor industry by 3.7%, per CNA.

Of the companies surveyed, 49.9% planned to raise wages next year. Their average monthly pay was NT$47,000 (US$1,442) this year, so it would rise NT$1,491 in 2025, or NT$60 more than the average 2024 pay hike.

However, the average size of the increase, 3.2%, was seen as rather conservative, and close to the level for 2024. The job bank advised companies unable to follow the trend to use bonus and profit-sharing programs to attract and retain high-level talent.

The job bank conducted the survey from Oct. 25 to Nov. 14 and received 1,325 valid samples with a margin of error of 2.69%.