Thailand to increase minimum wage next year

Thailand is set to increase the minimum wage in next month as planned, and the government is also considering another wage hike in March 2024, Prime Minister Srettha Thavisin affirmed on December 26.A wage committee, comprised of government, employers and employee representatives, had previously agreed ...

Committee retains wage adjustment of 2.37%

The tripartite committee studying the minimum wage has adhered to its previous resolution to increase the minimum wage by province within the range of 330 to 370 baht, a hike of 2-16 baht per day or an average of 2.37%, from January 1 onwards.The committee, ...

The Nation Reporter

Better deal for workers

As Thailand marks Labour Day today, parties are busy campaigning for the upcoming election on May 14. Many parties are proposing policies to support workers, with a key highlight being an increase in daily minimum wages. However, questions have been raised about this proposal, as ...

Bangkok Post Reporter

Labour Ministry agrees to hike minimum wage from Bt336: source

The government is set to approve a sharp rise in the minimum wage from Bt336 to a flat rate of Bt492, according to a source with knowledge of the matter.Coming just two years after the previous raise, the expected hike would mainly benefit labourers. However, ...

The Nation Reporter

Minimum wage waive floated to sustain SMEs

The government is being advised to waive the daily minimum wage requirement for six months to help entrepreneurs maintain employment during the pandemic.Thanit Sorat, vice-chairman of the National Labour Development Advisory Council, said the council estimated that the country’s total unemployed could reach 9-10 million ...

Chatrudee Theparat

Workers to feel pinch of grinding economy

Workers’ wages won’t stretch very far this year amid a protracted economic slowdown that will hit pockets hard, say experts and labour leaders.“Save wages to pay off debts and work overtime to make ends meet”, is advice that sums up the outlook for workers this ...

Penchan Charoensuthipan

Wage hike offers only small relief

The new minimum daily wage rate, with a few baht increase depending on location, will take effect as of Wednesday in what is dubbed a tiny new year’s gift for labourers.The new structure which is announced in the Royal Gazette on Friday will see minimum ...

Editorial

SMEs push back on wage hike

Smaller firms may delay investment and recruitment next year because of the recent minimum wage increase of 5-6 baht per day, says the Federation of Thai SMEs.Last Friday, the national wage committee agreed to hike the daily minimum wage from 308-330 baht to 313-336 baht. ...

Lamonphet Apisitniran

No adverse impacts on businesses from minimum wage hike, says expert

An increase in the minimum wage by Bt5 to Bt6 will neither hike the cost liability for entrepreneurs nor increase inflation, Anusorn Tamajai, the director of the Economic and Business Research Centre for Reform at Rangsit University’s Institute of Economics, said yesterday (December 8).“An increase ...

The Nation Reporter

Minimum wage to rise next month

The national wage committee agreed on Friday to increase the minimum daily wage by 5-6 baht, from 308-330 baht to 313-336 baht, and will propose the rise to cabinet for effect from Jan 1.Unskilled workers in most provinces will be entitled to 315-320 baht a ...

Penchan Charoensuthipan

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