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Monday, April 29, 2024

State salary hike to put pressure on SMEs

New state employees to get 10% increase

New state employees are set to receive 16,500 baht monthly in their first year, rising to 18,000 baht in year two. (Photo: 123RF)

The cabinet resolution to approve a 10% increase in state officials’ salaries is likely to cause businesses to consider increasing wages accordingly to attract talented individuals, says Sanan Angubolkul, chairman of the Thai Chamber of Commerce.

New state employees are set to receive 16,500 baht monthly in their first year, rising to 18,000 baht in their second year.

“Raising monthly salaries for state…

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