snoop1130 Posted November 3, 2023 Share Posted November 3, 2023 BANGKOK (NNT) - The Thai government has announced a plan to start offering civil servants the option of receiving their salary in bi-monthly payments. The initiative aims to alleviate financial burdens for lower-ranking civil servants and to improve liquidity. Karom Phonphonklang, the Deputy Government Spokesperson, revealed that Prime Minister Srettha Thavisin endorsed a plan to disburse salaries for civil servants twice a month. The objective is to ease financial strain on lower-ranking civil servants and enhance financial liquidity. Adjustments to laws and the e-payroll system will be made by the Comptroller General’s Department to align with the initiative. Civil servants can voluntarily opt for either a single monthly payment or two monthly payments. The option will be available for 230 governmental units currently in the e-payroll system managed by the Comptroller General’s Department. Agencies outside this system, such as local administrative organizations, will not be included in this scheme. Interested civil servants can submit their preference between the 1st and the 15th of next month. For the two-payment option, the first installment will be disbursed on the 16th of each month. If the 16th falls on a holiday, payment will be shifted to the next working day. The second installment will be paid three working days before the end of the month. This system will be implemented from January 2024 for civil servants and from March 2024 for permanent employees. Pension recipients are not included in this scheme. The new system will also adjust contributions to pension funds and other deductions. The Comptroller General’s Department will calculate these amounts. Debts such as student loans and bank loans will be deducted once a month as usual. By Na-ark Rojanasuvan Full story: NNT 2023-11-03 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Get our Daily Newsletter - Click HERE to subscribe 1 Link to comment Share on other sites More sharing options...
ikke1959 Posted November 3, 2023 Share Posted November 3, 2023 more liquidity will end in more debts.. 1 Link to comment Share on other sites More sharing options...
peterpaintpot Posted November 3, 2023 Share Posted November 3, 2023 Sorry, I am getting old and my logical thinking is strained. I do not understand the governments thinking, paying two months wages every other month is exactly the same as monthly wages 12 months of the year. When you consider the Thai habit of spending a windfall as soon as possible bi-monthly payments do not seem to be a bright idea. Oops, sorry I am back on earth having come out of the rabbit hole and realise that I have been dreaming. Back at home in Muak Lek. TIT! 1 Link to comment Share on other sites More sharing options...
Sigma6 Posted November 3, 2023 Share Posted November 3, 2023 18 minutes ago, peterpaintpot said: Sorry, I am getting old and my logical thinking is strained. I do not understand the governments thinking, paying two months wages every other month is exactly the same as monthly wages 12 months of the year. When you consider the Thai habit of spending a windfall as soon as possible bi-monthly payments do not seem to be a bright idea. Oops, sorry I am back on earth having come out of the rabbit hole and realise that I have been dreaming. Back at home in Muak Lek. TIT! They used Bi-monthly incorrectly. they mean you can opt to be paid 2 times per month 1 Link to comment Share on other sites More sharing options...
peterpaintpot Posted November 3, 2023 Share Posted November 3, 2023 You mean that their wages are being doubled? 1 Link to comment Share on other sites More sharing options...
Sigma6 Posted November 3, 2023 Share Posted November 3, 2023 1 minute ago, peterpaintpot said: You mean that their wages are being doubled? yes, exactly 🙄 1 Link to comment Share on other sites More sharing options...
jcmj Posted November 3, 2023 Share Posted November 3, 2023 I think all businesses should do especially when hiring the new young employees that don’t understand how to budget their money and end up without anything by the end of the month. They should be teaching money management skills in school instead of some of the other useless stuff. 1 Link to comment Share on other sites More sharing options...
Gsxrnz Posted November 4, 2023 Share Posted November 4, 2023 Fortnight is a handy word. Link to comment Share on other sites More sharing options...
jacko45k Posted November 4, 2023 Share Posted November 4, 2023 19 minutes ago, Gsxrnz said: Fortnight is a handy word. Truly, but not known to all English speakers. Link to comment Share on other sites More sharing options...
sirineou Posted November 4, 2023 Share Posted November 4, 2023 (edited) Sounds like a great idea, Blowing all your wages the first week and then having to wait a month and three weeks to get paid, I am sure will result in less debt. Edited November 4, 2023 by sirineou Link to comment Share on other sites More sharing options...
dinsdale Posted November 4, 2023 Share Posted November 4, 2023 Paid monthy money gone in 4 days. Paid fornightly money gone in 2 days. Link to comment Share on other sites More sharing options...
Aldo123 Posted November 5, 2023 Share Posted November 5, 2023 That's good news for everyone. Anyone who's been to a BigC or any large shopping mall at month's-end will know how busy it gets after the current single payday. Perhaps private sector already pays twice monthly? Or is it still once a month? Link to comment Share on other sites More sharing options...
Ralf001 Posted November 5, 2023 Share Posted November 5, 2023 4 minutes ago, Aldo123 said: Perhaps private sector already pays twice monthly? Or is it still once a month? My salary is paid monthly. Link to comment Share on other sites More sharing options...
Ralf001 Posted November 5, 2023 Share Posted November 5, 2023 On 11/3/2023 at 11:22 PM, peterpaintpot said: You mean that their wages are being doubled? yeah, nah. Link to comment Share on other sites More sharing options...
Aldo123 Posted November 5, 2023 Share Posted November 5, 2023 On 11/4/2023 at 7:42 AM, jacko45k said: Truly, but not known to all English speakers. ...like 'articulated lorry' Link to comment Share on other sites More sharing options...
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