The issue date：2012-08-17
The Council of Labor Affairs (CLA) has loosened the requirements for overseas Chinese compatriots and foreigners who have graduated from Taiwanese universities to stay in Taiwan and take up a job. Beginning from June 14 of this year, Chinese compatriots and foreign students who are about to graduate can apply to remain on the island and take up a professional or a technical job with a starting salary of NT$37,619 or more per month without the prior work experience of two years as stipulated by previous rules.
The CLA noted that oversea Chinese compatriots and foreigners who have received formal education in Taiwan will have already adapted to living on the island, hence they would undergo a shorter adjustment period as a newly hired employee in comparison to those who have just moved to Taiwan for work. The council added that this new measure will also boost the returns on Taiwan’s investment in education by retaining new talents.
The CLA also pointed out that the salaries of the top 20% of new professionals averaged NT$33,700 in 2010, a figure that amounts to NT$37,619 after taking into consideration the additional NT$3,919 average in terms of non-regular bonus salaries. Therefore, the council has chosen NT$37,619 as the floor salary for Chinese compatriots and foreign graduates who seek employment in Taiwan. The program will be taking its first round of applications from the students who have graduated from Taiwanese universities this June.
According to Ministry of Education (MOE) statistics, the 2011 academic year accepted 4,959 foreign students. The majority of foreign students from Vietnam, Indonesia and Malaysia chose to enroll in business and management, and communication courses, whereas those from India, Europe and the United States mostly came to Taiwan to study technology and engineering. An additional 14,045 Chinese compatriots returned from overseas to study in Taiwan during the 2011 academic year, with the majority traveling from Macau, Hong Kong, Indonesia and Malaysia.
As a reminder from the CLA, Chinese compatriots and foreign students who wish to remain in Taiwan after completing their studies must first meet the qualifications and conditions of employment, and a work visa will only be issued after the employer submits an application to the CLA along with the necessary documentation.
The CLA noted that oversea Chinese compatriots and foreigners who have received formal education in Taiwan will have already adapted to living on the island, hence they would undergo a shorter adjustment period as a newly hired employee in comparison to those who have just moved to Taiwan for work. The council added that this new measure will also boost the returns on Taiwan’s investment in education by retaining new talents.
The CLA also pointed out that the salaries of the top 20% of new professionals averaged NT$33,700 in 2010, a figure that amounts to NT$37,619 after taking into consideration the additional NT$3,919 average in terms of non-regular bonus salaries. Therefore, the council has chosen NT$37,619 as the floor salary for Chinese compatriots and foreign graduates who seek employment in Taiwan. The program will be taking its first round of applications from the students who have graduated from Taiwanese universities this June.
According to Ministry of Education (MOE) statistics, the 2011 academic year accepted 4,959 foreign students. The majority of foreign students from Vietnam, Indonesia and Malaysia chose to enroll in business and management, and communication courses, whereas those from India, Europe and the United States mostly came to Taiwan to study technology and engineering. An additional 14,045 Chinese compatriots returned from overseas to study in Taiwan during the 2011 academic year, with the majority traveling from Macau, Hong Kong, Indonesia and Malaysia.
As a reminder from the CLA, Chinese compatriots and foreign students who wish to remain in Taiwan after completing their studies must first meet the qualifications and conditions of employment, and a work visa will only be issued after the employer submits an application to the CLA along with the necessary documentation.
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