This year’s Lunar New Year holidays fall from February 8 to 14, which coincides with payday for many people. The Labor Ministry reminds employers that delayed pay is illegal and companies can be fined from NT$20,000 (US$637) to NT$1 million (US$32,000) according to the Labor Standards Act.
The Labor Ministry points out that if the payment day falls on a holiday, companies that use financial institutions to transfer wages can schedule salary allocation in advance. It adds that businesses that pay in cash should be mindful of bank hours, possibly arranging payment in advance.
The Labor Ministry official Wang Chin-jung (王金蓉) says that because both parties have agreed on a date, salaries must be paid according to the pay date. She emphasizes that any delay is a violation of the Labor Standards Act and may result in a fine.