The Minimum Wage Review Committee has announced a change in minimum wage on October 8^th, 2021. Effective January 1^st, 2022, the minimum wage will be raised to 168 NTDs per hour, and 25,250 NTDs per month (roughly a 5.21% raise). Human resource expenses, such as labor insurance premium, are also expected to rise accordingly. It is estimated that the business costs will increase by over 1,000 NTDs per employee. ※If you have any questions regarding the minimum wage, overtime rates… etc. of 2022, or in need of payroll services, please contact us at service@valuestme.com. Please describe your inquiry in detail in the email, our specialist will get back to you as soon as possible. ※If you are an employee who has any relevant questions, please phone the Ministry of Labor at 02-8995-6866, or click the following link to visit their official website: https://reurl.cc/Gb6kvv