Currency: New Taiwan dollar, TWD (Rate)
Public Holidays: 16 public holidays (see here)
Employer Taxes: 12.65% + health insurance premium
Official Language: Mandarin Chinese
Payroll frequency: Monthly
13th / 14th Salary: (what's this?) ****13th month salary is not required but is customary and generally provided at Lunar New Year.
Notice period for dismissals is based on the length of employment:
These notice periods are also mandated for employees on indefinite-term contracts resigning.
Employees on fixed-term of over three years can resign after the completion of their contract with 30 days' notice.
Employees on fixed-term contracts of less than three years can only resign if there are serious grounds for resignation or with the employer's agreement.
Employees are entitled to severance pay in addition to a notice period or pay in lieu of notice. For employees hired after 2005, the prescribed severance pay is equal to 50% of an average month's wages for each year of service — not to exceed a total of six months wages.
Employees who have worked for less than a year are entitled to severance pay in proportion to the months of service.
Employees who have worked for less than a year are entitled to severance pay in proportion to the months of service.
Three months is customary.
TWD23,800 per month and TWD158 per hour
Non-compete agreements must be reasonable in scope and include compensation for the employee. Such compensation can be in the form of cash, securities or any other valuable property/asset, and must not be less than 50% of the employee's average monthly wage at the time of termination.
The agreement cannot be for longer than two years.
Eight hours a day, 40 hours a week.
It is also mandatory in Taiwan to have two days off every seven days, one of which is a compulsory day off during which an employee cannot agree to work; the other day off is flexible and work on these days is negotiable.
Working hours cannot exceed 12 in one day, and maximum overtime is 46 hours per month.
Overtime work is paid at 134% for the 8th-10th hours (daily) and 167% for the 10th-12th hours (daily).
Overtime work on “flexible day” off is paid at a higher rate of 134% for the first two hours, 167% for 2nd-8th hours, and 267% for 8th-12th hours.
Employees can choose to either be paid for their overtime work or be granted compensatory leave equal to the number of hours of overtime worked.
Annual leave is dependent on the years an employee has worked for the employee.
Unused vacation days can carry over to the following year. If these vacation days aren’t used within two years, they are converted into salary (paid according to the employee’s first-year wage).
Employees can take
The combined number of sick days taken cannot exceed one year within a two year period.
Employees get half-pay up to 30 days of sick leave. Where their illness is covered by labour insurance, but its compensation is less than half of the employee’s salary, the employer pays the difference.
When employees use up all their sick days, they can ask for additional unpaid days off. The maximum of unpaid sick leave the employee can take is one year.
Employees who have worked for their employer at least six months are entitled to eight weeks fully paid maternity leave. If they have worked for less than six months, the rate is lowered to 50%.
Employees are also entitled to five days of fully paid paternity leave.
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