Psychologist Average Salary in Taiwan 2023

How much money does a Psychologist make in Taiwan?

Average Monthly Salary

229,000 TWD

( 2,750,000 TWD yearly)

LOW
119,000
TWD AVERAGE
229,000
TWD HIGH
351,000
TWD

Psychologist Salary Distribution in Taiwan

The median, the maximum, the minimum, and the range

• Salary Range

  Psychologist salaries in Taiwan range from 119,000 TWD per month (minimum salary) to 351,000 TWD per month (maximum salary).

• Median Salary

  The median salary is 220,000 TWD per month, which means that half (50%) of people working as Psychologist(s) are earning less than 220,000 TWD while the other half are earning more than 220,000 TWD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

• Percentiles

  Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Psychologist(s) are earning less than 153,000 TWD while 75% of them are earning more than 153,000 TWD. Also from the diagram, 75% of Psychologist(s) are earning less than 274,000 TWD while 25% are earning more than 274,000 TWD.

Psychologist Salary Comparison by Years of Experience

How does experience and age affect your pay?

The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Psychologist salaries by experience level and this is what we found.

A Psychologist with less than two years of experience makes approximately 135,000 TWD per month.

While someone with an experience level between two and five years is expected to earn 182,000 TWD per month, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 236,000 TWD per month, 30% more than someone with two to five years of experience.

Additionally, Psychologist(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 286,000 TWD per month, 21% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 313,000 TWD per month, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 329,000 TWD per month, 5% more than people with fifteen to twenty years of experience.

Psychologist average salary change by experience in Taiwan

Typical Salary Progress for Most Careers

Psychologist Salary Comparison By Gender

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Psychologist employees in Taiwan earn 11% more than their female counterparts on average.

Salary Comparison By Gender in Taiwan for all Careers

Psychologist Average Annual Salary Increment Percentage in Taiwan

How much are annual salary increments in Taiwan for Psychologist(s)? How often do employees get salary raises?

Psychologist

Psychologist(s) in Taiwan are likely to observe a salary increase of approximately 10% every 30 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Taiwan / All Professions

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

Annual Increment Rate By Industry 2022

Listed above are the average annual increase rates for each industry in Taiwan for the year 2022. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.

Worldwide Salary Raises: All Countries and All Jobs

Psychologist Bonus and Incentive Rates in Taiwan

How much and how often are bonuses being awarded?

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A Psychologist is considered to be a high bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

38% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 62% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 6% to 8% of their annual salary.

Received Bonus		62%
No Bonus		38%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.

What makes a position worthy of good bonuses and a high salary?

Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Psychologist Average Hourly Wage in Taiwan

1,320 TWD per hour

The average hourly wage (pay per hour) in Taiwan is 1,320 TWD. This means that the average Psychologist in Taiwan earns approximately 1,320 TWD for every worked hour.

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

Psychologist VS Other Jobs

The average salary for Psychologist is 60% more than that of Counseling. Also, Counseling salaries are 11% more than those of All Jobs.

Salary comparison with similar jobs

Adoption Services Director	181,000 TWD	-21%
Alcohol and Drug Counselor	140,000 TWD	-39%
Assistant Instructor	63,300 TWD	-72%
Career Counselor	158,000 TWD	-31%
Consultant	162,000 TWD	-29%
Director of Rehabilitation Services	210,000 TWD	-8%
Disability Consultant	134,000 TWD	-42%
Employment Counselor	162,000 TWD	-29%
Family Advocate	106,000 TWD	-54%
Family Services Specialist	125,000 TWD	-45%
Family Support Specialist	162,000 TWD	-29%
Family Youth Worker	53,500 TWD	-77%
Guidance Counselor	165,000 TWD	-28%
Guidance Director	194,000 TWD	-15%
Mental Health Counselor	186,000 TWD	-19%
Programs Coordinator	92,300 TWD	-60%
Psychologist	229,000 TWD	-0%
Supervising Counselor	165,000 TWD	-28%
Vocational Rehabilitation Counselor	166,000 TWD	-28%
Youth Advocate	88,400 TWD	-61%
Youth Care Counselor	176,000 TWD	-23%
Youth Care Specialist	99,400 TWD	-57%
Youth Development Manager	201,000 TWD	-12%

Salary Comparison By City

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in Taiwan earn 7% more than their private sector counterparts on average across all sectors.