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News Outlook Equal Pay Day Observed on February 21, 2017, Two Days Earlier Than Last Year

In order to raise public awareness for equal pay for men and women, the Ministry of Labor has once again announced Equal Pay Day for this year. Since average salaries for different genders depend on a number of factors such as nature of the job, seniority, qualification,experience, and job performance, the Ministry is calling on all sectors to work together in narrowing the gender pay gap.

Taiwan's Equal Pay Day is based on the Employee Salary Survey conducted by the Directorate General of Budget, Accounting and Statistics ,Executive Yuan and reflects the number of days women must additionally work in the current year to earn the same amount as what men did in the previous year. In 2016, women earned an average hourly salary of NT$264.6, 86% of men's hourly rate of NT$307.7. The gender pay gap was 14%. In other words, women need to work 52 days more than men to receive the same total annual salary. Using this formula, it was determined that Equal Pay Day fell on February 21 for 2017, two days earlier than February 23 of the previous year and marking a slight reduction in the gender pay gap.

Over the past decade, the gender pay gap for average hourly salaries has fallen from 18.8% in 2006 to 14% in 2016, and the extra number of days women have to work has reduced from 69 days to 52 days. The average gender pay gap decreased 4.8 percentage points or 17 working days.

Key words: Equal Pay Day, Average Hourly Rate, Gender Pay Gap

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