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Tuesday, May 14, 2024

New minimum wage in Thailand to be announced in December

The Thai government is set to announce new minimum wages in December, but they will be less than 400 baht per day, according to Labour Minister Phiphat Ratchakitprakarn.

Key Takeaways

  • The new minimum wage in Thailand, to be announced in December, will be less than 400 baht per day and will vary across provinces based on economic conditions and the cost of living.
  • A survey showed that some workers are hesitant about increasing the minimum wage for fear of job loss and reluctance to relocate to provinces with higher wages due to travel expenses and higher rents.
  • The Pheu Thai party has made a commitment during this year’s election campaign to gradually raise the minimum wage to 600 baht per day over a period of four years.

The rates will vary by province based on the local economy and cost of living. Currently, there are nine different minimum wage rates across the country, with the…

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