Potential rise in minimum wage to 400 baht in select provinces

[webfact]

 

The anticipated increase in the daily minimum wage to 400 baht in select provinces is set for review by the tripartite wage committee in April, according to Labour Minister Phiphat Ratchakitprakarn. The committee’s chairman, Pairoj Chotikasathien, has assigned a subcommittee to reassess the wage calculation formula and explore the potential for wage hikes in certain provinces and professions.

 

“The findings from the study will be presented to the committee,” declared Phiphat. “I am optimistic that there will be encouraging news in April. Specific provinces and careers will likely witness a daily wage increase to 400 baht.”

 

Pairoj noted that the subcommittee would evaluate the current economic and social conditions, existing wage rates, living standards, and employee expenses to formulate a new daily minimum wage calculation method. The subcommittee is scheduled to hold its inaugural meeting this week and submit the findings to the main committee by the month’s end.

 

by Mitch Connor

Picture courtesy of ThaiPost

 

Full story: The Thaiger 2024-02-01

 

- 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

 

[flyingtlger]

I think business owners will fight tooth and nail to keep minimum wage down but honestly 400bt/day is still very low to modern  industrialized countries, comparatively speaking....

[bkk6060]

Wow, should make life much better for so many people. 

[Gottfrid]

Ops! I am sorry, you are from the wrong province and will not qualify for the raise. 

[stargrazer9889]

360 baht is 10 us dollars 400 baht is just over 11 dollars.

I wonder how many posters on this forum could live in Thailand

on that wage? This is my effort to show all of you the reality 

of minimum wage.  you are welcome.

[anterian]

1 hour ago, stargrazer9889 said:

360 baht is 10 us dollars 400 baht is just over 11 dollars.

I wonder how many posters on this forum could live in Thailand

on that wage? This is my effort to show all of you the reality 

of minimum wage.  you are welcome.

Yet they manage two bottles of Chang every day, plus a lottery ticket.

[hotchilli]

22 hours ago, webfact said:

The anticipated increase in the daily minimum wage to 400 baht in select provinces is set for review by the tripartite wage committee in April, according to Labour Minister Phiphat Ratchakitprakarn.

The out-of-touch millionaire minister.