Getting a Foot in the Door: Entry-Level Salaries in Taiwan
Entry-level salary increase by 6.4% on average
Last year, the average entry-level salary in Taiwan climbed to an impressive 6.4% year-on-year, reaching NT$37,000 per month[1][2]. Check out the rundown of salaries in terms of education level:
- College-degree holders: Earn approximately NT$34,000 monthly.
- Graduate degree recipients: Take home around NT$52,000.
- High school graduates: Collect around NT$29,000 a month.
It's worth noting that a negligible 2.7% of entry-level workers in Taiwan have vocational school education, but no specific figures for their salaries are provided[1].
Bridging the Gender Gap
Despite progress, a notable gender pay gap remains, with women on average claiming 91.3% of what men earn, translating to an 8.7% difference[1]. The divide widens to 10.4% in the manufacturing sector[1].
Wages Across Industries
Though sector-specific data for entry-level salaries is limited, here's an overview of average earnings in various industries:
- Industrial Sector: NT$58,972 per worker (4.75% increase from the previous year)[3]
- Manufacturing: NT$60,451
- Services Sector: NT$56,832 (2.53% increase from the previous year)[3]
- Ocean Transportation: NT$204,024
- Financial & Insurance: NT$100,390
- Information & Communications: NT$98,440[4]
These figures provide a general idea of wage trends but do not focus on entry-level positions.
The Power of Education
Your education plays a crucial role in securing a decent entry-level salary in Taiwan. Graduate degree holders, on average, earn significantly more than their college counterparts, emphasizing the importance of higher education in the job market[1][2].
- Despite the ministry of finance aiming to reduce inequality in Taiwan, entry-level salaries largely vary depending on one's education and self-development, with college-degree holders earning NT$34,000 monthly, while graduate degree recipients take home around NT$52,000.
- In the vast business landscape of Taiwan, unfortunately, a lack of focus on entry-level salaries in the education sector means that specific figures for vocational school graduates' salaries remain largely unavailable.
- A notable gender pay gap persists in Taiwan, as women earn 8.7% less than men on average, and the divide widens to 10.4% in the manufacturing sector.
- With various industries offering distinct wage trends, the financial & insurance sector boasts the highest average salary for entry-level positions, at NT$100,390, followed closely by the information & communications sector at NT$98,440.
