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My Thai step-daughter has been given the ultimatum 40% wage cut or unemployment.


BritManToo

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Many Thais I know that studied have an education debt of average 500K baht and only get to earn 3K more, while repaying cost them 3K already for like 20 years (due to high interest rates). Many are then thrown out and get informal jobs by age 35-40 (still in debt).

 

Meanwhile I see informal jobs with a bit of English skill and no degree getting paid 15-20K.

Edited by ChaiyaTH
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On 2/12/2022 at 7:35 PM, 2 is 1 said:

All Thais know all sht can happen and only solid job is to be Government officer. Almost never get fired (if you are not doing something really stupid) and salary increase 2 times/year. Reason almost  all parents in Isaan area want they kids try to study to be officers. 

Doubt that will remain as solid as it is now, in the next 1-2 decades. But yeah, it is seems to be the perfect foundation while also doing business on the side.

Just the fact you can get mortgage and loans easier changes a lot, if using it properly.

Edited by ChaiyaTH
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  • 2 weeks later...

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