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Sunday, May 5, 2024

Potential rise in minimum wage to 400 baht in select provinces

Picture courtesy of ThaiPost

The anticipated increase in the daily minimum wage to 400 baht in select provinces is set for review by the tripartite wage committee in April, according to Labour Minister Phiphat Ratchakitprakarn. The committee’s chairman, Pairoj Chotikasathien, has assigned a subcommittee to reassess the wage calculation formula and explore the potential for wage hikes in certain provinces and professions.

“The findings from the study will be presented to the committee,” declared Phiphat. “I am optimistic that there will be encouraging news in April. Specific provinces and careers will likely witness a daily wage increase to 400 baht.”

Pairoj noted that the subcommittee would evaluate the current economic and social conditions, existing wage rates, living standards, and employee expenses to formulate a new daily minimum wage calculation method. The…

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