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Figure/How to calculate basic salary? Avoid miscalculations that lead to loss of wages!
In recent years,How to calculate basic salary correctlyIt has always been one of the most concerned issues for both labor and management. As the minimum wage is adjusted every year, whether it is employers or employees, if there is a misunderstanding about the calculation method, it may lead to salary loss, labor disputes, and may also violate the law and be punished. The following will take the perspective of news analysis to lead readers to have a deep understanding of the process of "how to calculate the basic wage", the key points that need to be paid attention to, as well as common mistakes and how to avoid them, so that the rights and interests of every worker can be effectively protected.
Get to know the new basic salary system
Monthly salary and hourly salary system
Taiwan's basic wages are mainly divided into monthly salary system and hourly salary system, the applicable objects, calculation methods and coverage contents of the two are slightly different:
system
Applicable objects
2024 (114 years) Basic salary
Calculation Standard
Monthly salary system
Full-time, long-term, fixed shifts
28,590 NTD
No less than this amount per month
Hourly wage system
Part-time, temporary, flexible working hours
190 NTD
No less than this number per hour
Monthly salary systemIt refers to a fixed salary paid on a monthly basis. Regardless of the number of days in the month or the actual number of working days, the monthly salary must not be lower than the prescribed amount.Hourly wage systemThe total hourly wage income shall be calculated based on actual working hours and must be greater than or equal to the prescribed amount.
Figure/Basic salary
Basic wage increase history and current standards
according to Ministry of Labor Announcement, from January 1, 2024,Monthly salary is 28,590 yuan,Hourly wage is 190 yuan, and will be reviewed and adjusted annually in the future. Every adjustment affects the pockets of the majority of workers, and companies must also make adjustments in accordance with regulations.
Photo/Announcement of the Ministry of Labor
How to calculate basic salary? Standard formula decomposition
Monthly salary calculation method
Monthly salary contentMust contain:
Daily wages for normal working hours
National holiday pay (already included in monthly salary)
Holiday and special leave wages (understanding labor benefits)
Calculation base for labor insurance, labor retirement contributions (not less than the monthly basic salary)
In actual calculation,Monthly salary amountThe following example illustrates:
Laborer A's contracted monthly salary is NT$28,800. Is this lower than the basic wage? Answer: It is not illegal (because it is higher than $28,590), but if it is less than $28,590, the employer must make up the difference.
Figure/Calculation method
How to calculate overtime pay, night shift allowance and absenteeism?
How to Check Overtime Pay Correctly
How to calculate basic salary, many people often have misunderstandings about overtime pay.according to Labor Standards LawArticle 24:
Original salary within 8 hours of work
8~12 hours give 1.33 or 1.66 times
Holiday attendance is accumulated at 1.33/1.66 times the working hours.
Late night working hours (10pm to 6am the next day) are also subject to night shift allowance
Figure/Overtime Pay
How to calculate basic salary and why is it easy to make mistakes? Labor and management should pay attention
Common Errors and Disputes
Failure to include full attendance, allowances, and bonuses in the calculation of basic salary
Mistakenly omitting rest days and holiday wages during working days
Overtime pay is not calculated based on the standard hourly wage rate
Some industries adopt "base salary + bonus", and the base salary does not meet the standard
Five principles to avoid calculation errors
1. Check official announcements regularly: Track the Ministry of Labor’s annual basic salary announcement. 2. Clear stipulations in the labor-capital contract: The salary composition and payment method should be clearly written. 3. Labor insurance, health insurance, and labor retirement contributions must be based on the new basic wage. 4. Strictly follow the calculation formula: monthly salary, hourly salary, and overtime pay formulas cannot be mixed. 5. Open channels for complaints and consultation: If disputes arise, you can seek help from the local labor bureau or the Ministry of Labor.
Figure/Error
Labor rights are protected, no more worrying about miscalculation of wages
As long as you understand the standard of "how to calculate basic salary", check your salary details regularly, maintain good communication with your employer, and seek advice or complaint channels in time when you have questions,Whether you are new to the workplace, changing jobs, working part-time or running a self-media business, you can effectively protect your salary rights and interests and make your efforts get the due rewards.No matter how the basic salary is adjusted in the future, remember the calculation principles in this article and you won’t be afraid of your salary being calculated incorrectly!
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