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 in wage will not affect the purchasing power in the economic system,” he added. “However, the government should promote measures to help small firms that could be impacted by the burden of a higher wage bill. Besides, there should be a salary structure specified for those firms with over 50 employees as wage collateral.”
The Nation Reporter
