Taipei--Even though both regular wages and total wages of Taiwanese workers set a new high in 2016, actual regular wages trailed behind those of 2000 after inflation was factored in, according to government figures released Friday.
Directorate General of Budget, Accounting and Statistics (DGBAS) figures show that regular monthly income per person averaged NT$39,238 (US$1,277) in 2016, up 1.35 percent from a year earlier, setting a new high.
The total monthly earnings (including regular and irregular income) per person averaged NT$48,790 in 2016, up 0.62 percent from the previous year, also a new high.
But due to the increase in consumer prices every year, the real wage increase has actually fallen behind that of 2000.
According to the latest DGBAS figures, if adjusted for a consumer price index increase of 1.4 percent, real regular monthly earnings were NT$37,334 per person, down 0.05 percent year-on-year, while real total earnings were NT$46,422, down 0.77 percent year-on-year.
In 2000, when wages were most similar, the real regular wage was NT$37,801, while the real total wage was NT$46,605.
This shows that real regular earnings of NT$37,334 and real total earnings of NT$46,422 in 2016 actually trail behind the level of 2000.
Meanwhile, the gap in earnings between men and women narrowed in 2016, the DGBAS figures show.
The figures show that total monthly earnings for women averaged NT$44,168, about 83.61 percent of the NT$52,824 earned by men in 2016.
The figure is higher than 83.01 percent recorded in 2015, indicating that the gap in wages between the two sexes has narrowed.
Source: Focus Taiwan News Channel