this post was submitted on 06 Sep 2023
250 points (98.1% liked)
World News
32368 readers
460 users here now
News from around the world!
Rules:
-
Please only post links to actual news sources, no tabloid sites, etc
-
No NSFW content
-
No hate speech, bigotry, propaganda, etc
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
between 23-32k TWD yearly for factory workers (from the couple of sites I saw) which is less than 1k USD
I have no clue what the purchasing power of that is though.
I'm not sure where you got these numbers from but I think you're off by over a magnitude. Taiwan's GDP per capita is over US$30K nominal, and over US$70K PPP. In GDP per capita PPP they're sitting around 13th in the world as of 2023. The minimum wage is over US$800 per month. Trading Economics shows manufacturing average salary of over US$1600 per month. You might have looked at monthly numbers thinking they're yearly. Although even that's low given that the lower bound is lower than minimum wage.
well shit glassdoor does default to monthly instead of yearly. this is their fault and i will get revenge.