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New minimum wages to come into force by New Year

New minimum wages to come into force by New Year

23 Sept 05:19 Key points summarised by AI
  • Thailand's Labour Minister confirmed new minimum wages will be announced in December, effective by the New Year, with rates set below 400 baht per day.
  • The new wages will vary by province, reflecting local economic conditions and cost of living, unlike a proposed uniform national rate.
  • Worker surveys indicate some employees fear job loss from wage increases and are hesitant to relocate for higher pay due to associated costs.
  • This development follows the Pheu Thai party's election pledge to increase the minimum wage to 600 baht per day within four years.
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