Working Hours in Taiwan
The standard working week in Taiwan is 40 hours, which is usually spread over five days. However, many companies in Taiwan have implemented flexible working arrangements, including part-time work, job-sharing, and telecommuting.
Overtime work is allowed in Taiwan, but it is regulated by law. Employees who work beyond their normal working hours are entitled to overtime pay, which is usually 1.33 times the normal hourly rate.
Employment Rights and Benefits in Taiwan
Taiwan has a range of employment rights and benefits in place to ensure that workers are treated fairly and with respect. Some of the key employment rights and benefits in Taiwan include:
Paid annual leave
Employees in Taiwan are entitled to at least seven days of paid annual leave per year. This entitlement increases with the length of service, up to a maximum of 30 days per year.
Sick leave
Employees in Taiwan are entitled to paid sick leave if they are unable to work due to illness or injury. The duration of the sick leave entitlement depends on the length of service and the nature of the illness or injury.
Parental leave
Parental leave in Taiwan is generous compared to some other countries. Mothers are entitled to 8-12 weeks of maternity leave, while fathers are entitled to up to five days of paternity leave. In addition, parents can take up to two years of unpaid parental leave to care for their children.
Pensions
Pensions are mandatory in Taiwan, and employers are required to provide their employees with a pension scheme. The schemes are usually based on a defined contribution plan, where the employee and employer make contributions to a pension fund. The amount of the pension is based on the amount of contributions made and the investment returns generated.
Pensions for Expats in Taiwan
Expats who work in Taiwan are entitled to the same pension benefits as Taiwanese nationals. The pension system in Taiwan is based on a defined contribution plan, where the employee and employer make contributions to a pension fund. The amount of the pension is based on the amount of contributions made and the investment returns generated.
Expats may also be entitled to a pension from their home country if there is a social security agreement in place between Taiwan and their home country.
Retirement Age in Taiwan
The retirement age in Taiwan is currently 65 years for men and 60 years for women. However, individuals have the option to retire earlier or later, but their pension benefits will be adjusted accordingly.
Taiwan offers a range of employment terms and conditions in place to ensure that workers are treated fairly and with respect. From annual leave to sick leave and pensions, Taiwanese law ensures that employees are provided with adequate benefits.
Expats who work in Taiwan are entitled to the same pension benefits as Taiwanese nationals, and it is important for them to understand their entitlements and obligations under Taiwanese employment law to ensure that they are receiving the benefits they are entitled to and complying with their legal requirements as employees or self-employed workers.
The retirement age in Taiwan may change in the future, and it is important for individuals to plan for their retirement accordingly, whether through a pension scheme provided by their employer or a private pension scheme.
Overall, Taiwan offers a range of employment terms and conditions that are designed to protect workers and ensure that they are treated fairly. Expats who work in Taiwan can expect to receive similar benefits to Taiwanese nationals, and it is important for them to understand their entitlements and obligations under Taiwanese employment law.