Taiwan Salary Guide 2024: Comprehensive Breakdown of Average Salaries

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Taiwan CEO Salary Ranges (2024)

Company Size Annual Revenue (TWD) Typical CEO Salary Range (TWD) Additional Benefits
Small Companies < 100M 1.2M - 2.4M • Basic health insurance
• Performance bonuses (10-20% of base)
• Company vehicle (sometimes)
Medium Companies 100M - 1B 2.4M - 6M • Comprehensive health insurance
• Performance bonuses (20-40% of base)
• Stock options
• Company vehicle
Large Companies 1B - 10B 6M - 15M • Premium health insurance
• Performance bonuses (30-50% of base)
• Stock options/RSUs
• Company vehicle & driver
• Travel allowance
Listed Companies > 10B 15M+ • Comprehensive benefits package
• Performance bonuses (40-100% of base)
• Significant stock options/RSUs
• Executive perks package
• International travel benefits

Notes:

  1. Salaries are shown in New Taiwan Dollars (TWD)
  2. Ranges are approximate and can vary significantly by industry and company performance
  3. Additional benefits often include:
    • Year-end bonuses
    • Profit sharing
    • Retirement benefits
    • Education allowances
    • Family health coverage

Common Industries with Higher CEO Compensation:

  • Technology and Semiconductors
  • Financial Services
  • Manufacturing
  • Telecommunications
  • Biotech and Healthcare
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College Graduate Salaries in Taiwan 2024

The average starting salary for college graduates in Taiwan in 2024 was projected to be around NT$34,000-38,000 per month (approximately US$1,100-1,200). However, this varies significantly by:

Industry:

  • Tech/IT: Generally higher, around NT$45,000-55,000
  • Financial sector: NT$40,000-50,000
  • Traditional industries: Often closer to NT$32,000-36,000

Location:

  • Taipei City: Typically offers higher salaries
  • New Taipei City: Slightly lower than Taipei
  • Other regions: Generally lower than northern Taiwan

Degree type:

  • Technical/Engineering degrees: Usually command higher starting salaries
  • Liberal arts: Often start at the lower end of the range

This information reflects projections and trends from early 2024. For the most current and accurate figures, I’d recommend checking Taiwan’s Ministry of Labor statistics or recent employment surveys.

Remember that starting salaries can be negotiable and may include additional benefits like performance bonuses, overtime pay, and annual bonuses (which are common in Taiwan’s work culture).