BackThe minimum wage is expected to exceed 30,000, sparking discussion. Hong Shenhan said he was full of confidence, but Chen Zhaozi was sour: it was definitely not a big red envelope for the Minister of Labor.
The minimum wage is expected to exceed 30,000, sparking discussion. Hong Shenhan said he was full of confidence, but Chen Zhaozi was sour: it was definitely not a big red envelope for the Minister of Labor.
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自由时报1 hour agoPolitics3 min readChinaView original

The minimum wage is expected to exceed 30,000, sparking discussion. Hong Shenhan said he was full of confidence, but Chen Zhaozi was sour: it was definitely not a big red envelope for the Minister of Labor.

The Ministry of Labor will hold a minimum wage review meeting, and Minister of Labor Hong Shenhan expressed confidence that the minimum wage will exceed 30,000 yuan next year. In response to this, People's Party legislator Chen Zhaozi emphasized that this has long been based on legal sources, and called on the promotion of friendly child care policies to "don't do it half-heartedly."

Quick Look

  • Labor Minister Hong Shenhan expressed confidence that the minimum wage will exceed 30,000 yuan next year, sparking discussion from the outside world.
  • People's Party legislator Chen Zhaozi responded that the minimum wage adjustment is based on economic indicators and is by no means a big red envelope issued by the minister, and called for friendly childcare policies to be in line with international standards.

AI-generated summary

Why It Matters

The Ministry of Labor will hold a minimum wage review meeting tomorrow, and labor and management have differences over the increase in wages next year. People's Party legislators questioned the legal basis and childcare policy.

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Minister of Labor Hong Shenhan (right) accepted an exclusive interview with Huang Weihan, host of the broadcast media "POP News" today, to respond to the issue of adjusting the minimum wage next year.

The Ministry of Labor will hold a minimum wage review meeting tomorrow. Minister of Labor Hong Shenhan said in an exclusive interview with the broadcast media today that he is "confident" in the consensus between labor and management on the minimum wage increase next year, and believes that it is expected to exceed 30,000 yuan, sparking discussion. In response, People's Party legislator Chen Zhaozi responded that the party proposed a revision of the minimum wage regulations three years ago. "It is definitely not a big red envelope from your Minister of Labor." He also called on Hong to "don't do it half-heartedly" if he wants to promote child-friendly labor policies.

Minister of Labor Hong Shenhan, who returned to Taiwan last night after completing the APEC Ministerial Meeting on Human Resources Development in Nanjing, China, accepted an exclusive interview with Huang Weihan, the host of "POP News" this morning (23rd). He said that the minimum wage review meeting to be held tomorrow will be more difficult for employers than employers. Taking into account inflation and the operating pressure of traditional industries, the group believes that the increase next year will be "within 3%". The labor side, which criticizes employers as being "too insincere", advocates that the minimum wage should be increased by 7.77% next year based on the latest data from the central bank's Board of Supervisors last week. The two sides have obvious differences.

Hong believes that the annual growth rate of the Consumer Price Index (CPI) next year will be higher than 2%. Considering that the impact of inflation will have a huge impact on low-wage workers, both labor and management have reached a consensus on the direction of "raising". Based on the current minimum wage of 29,500 yuan a month and 196 yuan an hour, the minimum wage is confident of "smooth increase" next year and officially exceed 30,000 yuan.

In this regard, Chen Zhaozi, deputy general convenor and legislator of the People's Party, said today that in fact, the People's Party proposed the "Minimum Wage Law" as early as 2023 and passed it on the third reading of the Legislative Yuan. It has long been based on legal sources, emphasizing that the minimum wage should be adjusted according to economic indicators. She had acid reflux, and the minimum wage adjustment is expected to exceed 30,000. "This is not a big red envelope that your Minister Hong Shenhan sent out at this juncture."

In terms of childcare and encouraging marriage and families, Chen Zhaozi further pointed out that the Popular Party Group had also proposed a complete package in 2024, advocating for the extension of family care leave such as parental leave and parental leave. Among them, the Party Group proposed extending the maternity leave from the initial 10 weeks to 14 weeks, with the goal of being in line with the international standard. He called on ministers to "don't copy half of the policy" if they copy the People's Party, or to directly increase it to 14 weeks in line with international standards.

In addition, regarding the "Taiwan Future Account Ordinance" that was read on the third reading by the Legislative Yuan, Chen Zhaozi said that this was originally intended to provide the Executive Yuan with a legal basis for preparing the budget. However, the Executive Yuan has said that he will not countersign and requires the Legislative Yuan to pass the Executive Yuan's version, directly criticizing "this is a completely non-lawful administration."

What to Watch

AI outlook — possibilities, not facts

  • The Ministry of Labor will hold a minimum wage review meeting to decide on the increase next year

    Very likely · Within days

Open Questions

  • What will be the final resolution of tomorrow’s minimum wage review meeting?
  • How will the Executive Yuan handle Taiwan's future account regulations?

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This article was originally published by 自由时报.

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