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Sunday, May 12, 2024

Labour minister vows to raise daily minimum wage by year-end

Formal discussions with the tripartite committee, composed of employers, employees, and government representatives, would first be necessary, he said, adding that the decision would be based on inflation rates, minimum wages in each province, varying wages in different industries, and the country’s inflation rate. A conclusion was expected by the end of November.

Increasing the minimum daily wage is considered a priority by the government and should come into effect as of January 1. This move is aimed at supporting the sluggish Thai economy, particularly in the face of inflation and a soaring cost of living, putting pressure on both the labour market and employers.

The government emphasised that this increase would not only apply to Thai workers but also to foreign labourers. The government aims to improve the work skills of Thai workers to ensure they receive a minimum wage of at…

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