Minimum wage to rise 5% in early 2018

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Minimum wage to rise 5% in early 2018

Post by buksida » Wed Dec 06, 2017 9:13 am

The national tripartite committee, consisting of representatives of workers, employers and the government, has decided the minimum daily wage of 300 baht should increase by up to 5% next year, or 15 baht.

The conclusive report is due to be submitted for approval to the newly-appointed Labour Minister Pol Gen Adul Sangsingkeo.

The rise in the minimum wage rate was agreed upon by the real sector and analysts, saying it was an appropriate rate that matched the country's economic situation as both employees and employers are faced with imminent automation and robotics, which forced them to immediately adjust themselves.

Tanit Sorat, vice-chairman of the Employers' Confederation of Thai Trade and Industry, said the proposal to set a minimum wage rise of up to 15 baht would be submitted for approval within the next few weeks in order to be implemented by Jan 1, 2018.

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