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Salaries in Thailand Projected to Increase by Nearly 5% in 2024, Aon Survey, Business News

BANGKOK, THAILAND – Media OutReach Newswire – 8 February 2024 – Aon plc (NYSE: AON), a leading global professional services firm, has revealed that salaries in Thailand are expected to increase in 2024 according to the firm’s 2023 Salary Increase and Turnover Study .

While salaries in Thailand are expected to increase by 4.9 percent, salaries in Singapore and Malaysia are expected to stay flat at 4.0 percent and 5.0 percent respectively. The survey found the median salary is expected to increase 6.5 percent for Indonesia, 5.5 percent for Philippines and 8.0 percent for Vietnam in 2024.

Attrition in 2022Attrition in 2023Actual Salary Increase 2023Salary Increase Expected 2024
Indonesia15.9 percent15.1 percent6.0 percent6.5 percent
Malaysia14.9 percent16.2 percent5.0 percent5.0 percent
Philippines18.0 percent17.5 percent5.2 percent5.5 percent
Singapore19.6 percent16.5 percent4.0…

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