Thailand to increase minimum wage next year

Thailand is set to increase the minimum wage in next month as planned, and the government is also considering another wage hike in March 2024, Prime Minister Srettha Thavisin affirmed on December 26.
Thailand to increase minimum wage next year ảnh 1Workers in Thailand (Photo: Reuters)

Hanoi (VNA) – Thailand is set to increase the minimum wage in next month asplanned, and the government is also considering another wage hike in March2024, Prime Minister Srettha Thavisin affirmed on December 26.

A wagecommittee, comprised of government, employers and employee representatives, hadpreviously agreed to increase the daily minimum wage by 2.37%, effective inJanuary, but the PM deemed the hike too low.

Therefore, the ruling Pheu Thai party campaigned on raising the daily minimum wage to 400 THB(11.56 USD).

LabourMinister Phipat Ratchakitprakarn said another investigation covering local wagerates and professional groups will conclude in March to determine areas andgroups that can increase wages.

Thecurrent minimum wage is 328-354 THB varying between different parts of thecountry with the committee agreeing to raise the pay threshold range to 330-370THB./.

VNA

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