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Monday, May 6, 2024

Salaries set to rise 5% next year

Office workers walk along Silom Road, a key business district in the capital. (Photo: Somchai Poomlard)

The salaries of employees in Thailand are expected to increase by 5% next year, which is less than the average of 5.2% within Asia, according to the latest survey by Mercer (Thailand), a US-based consulting firm on human resources.

In 2023, salaries domestically rose by 4.8%.

The prediction for next year is based on a survey of 617 Thai and foreign companies operating in the country carried out between April and June.

The salary increases will come from the goverment’s stimulus package to boost the economy and its…

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