Bt300 Minimum Wage To Cost Additional Bt140 Billion: Thai Chamber

[Macmundi]

Politicians and their empty promises.. First the promise of giving one personal tablet per kid. Then there's this 300bht minimum wage per day. Words are cheap. Can you deliver ?! Thai people are easily fooled. Now that you've voted for them, will you get what you've been promised? HAHAhaHaa.. fools.

[473geo]

473geo

.I consider that the little man or woman employing a small staff is indeed a far better indicator of a countrys economic progress and economic stability as opposed some corrupt deviuous entity controlled by the likes of Thaksin in Thailand or Murdoch in the West intent on feathering their own nests.

My time is charged out at 5000 baht an hour , cheap maybe but for a Thai it's astronomical. I'm paid for what I know and the results I get plus the time I spent learning about what is what regarding ny sphere of operations.

You are the same I presume?

Any person could do what I do, provided they had the opportunity to follow a similar learning curve. That does not mean going to university and passing a degree, it means obtaining a QBE. There are many who will never have the oportunity to grow and develop in the type of work environments I have encountered. I have been lucky, an accident of birth.

So I consider myself fortunate, and I have the ability to consider those less fortunate, therefore I do not debate for the rise in the minimum wage on a political basis, but rather on a feel that the people who work 7 days a week deserve a little more.

The only time I make slanted political comments is to offset the tunnel vision of those who appear to think a debate about the minimumn wage should be used to condemn or elevate a political party. My debate is about profit before people.......

[TAWP]

You can't have a large pay rise without a matching productivity increase. Unless you want to resort to communism.

No you can't unless you buy into the myth that all business owners are greedy buggers sitting on plentiful profits that could cover the extra costs without trouble.

And even then they forget their own belief, since they think that increased wages would merely reduce the profit by the 'owners'. In more cases then not it will infact just lead to raised prices to offset the raised costs, and the profit-margins remain at the same level...so what have they achieved but making sure that everyone buying products from low-cost production outlets etc are being stiffed...and who is the most likely customers of these outlets?

[lannarebirth]

Some noodle shops I go into have 4-5 girls working. 1-2 girls could do the job but still they have 4-5 girls. Mostly friends or relatives from some faraway village. The proprietor, who may or may not be related to them "takes care" of these girls so they don't come to harm. They sleep in the back or upstairs somewhere.

No one works very hard and no one's paid very much, and the proprietors aren't making much either. While i'm all for raising the minimum wage to 300 baht (or even 400), what do you think will be the consequences for these little noodle shops I'm talking about?

Quoting from a quote source unknown, however it hits the nail squarely on the head, I presume someone whoever posted the above post has lived and worked here for a year or two and has family here.Common sense and practicality prevails.

Harsh as it may sound, evaluating the future of the Thai economy on noodle shops is probably a sign that somebody has been here far too long

You should go outside sometime. Thailand is not some make believe theoretical place. Say, while you're puting on your galoshes for that rare step outside, why do you suppose Thailand has so many monks and conscripted youth in the Army? For that matter, why does HomePro have a 15 man gauntlet you have to run just past the registers in the front oif the store? Could it be there aren;t enough good jobs for everybody? Just askin'.

Edited July 16, 2011 by lannarebirth

[Siam Simon]

Some noodle shops I go into have 4-5 girls working. 1-2 girls could do the job but still they have 4-5 girls. Mostly friends or relatives from some faraway village. The proprietor, who may or may not be related to them "takes care" of these girls so they don't come to harm. They sleep in the back or upstairs somewhere.

No one works very hard and no one's paid very much, and the proprietors aren't making much either. While i'm all for raising the minimum wage to 300 baht (or even 400), what do you think will be the consequences for these little noodle shops I'm talking about?

Quoting from a quote source unknown, however it hits the nail squarely on the head, I presume someone whoever posted the above post has lived and worked here for a year or two and has family here.Common sense and practicality prevails.

Harsh as it may sound, evaluating the future of the Thai economy on noodle shops is probably a sign that somebody has been here far too long

You should go outside sometime. Thailand is not some make believe theoretical place. Say, while you're puting on your galoshes for that rare step outside, why do you suppose Thailand has so many monks and conscripted youth in the Army? For that matter, why does HomePro have a 15 man gauntlet you have to run just past the registers in the front oif the store? Could it be there aren;t enough good jobs for everybody? Just askin'.

You're starting to move in the right direction. In order for things to start heading toward First World, there will have to be some brutal realities at all ends of Thailand's economic situation. I'm not a gambling man, but I'd bet my life's work that sorting out the lower end will be the easy bit.

[siampolee]

BANGKOK, 18 July 2011 (NNT) The Pheu Thai Party has confirmed that all policies announced during its election campaigns are realistic and can be implemented, especially the policy to increase the daily minimum wage to 300 baht.

Pheu Thai party-list MP Dr Suchart Thadathamrongvech, one of the Pheu Thai economic team members, has confirmed that all policies can be carried out while incoming Prime Minister Yingluck Shinawatra has also expressed her determination to push all out for all the announced policies.

Dr Suchart noted that the party would invite related sides, including the Federation of Thai Industries (FTI) to confer about the daily minimum wage hike policy and to help draft and organize a workshop on the operational directions of this policy.

The newly elected MP, also the former finance minister, elaborated that the government would help reduce corporate income tax rate from 30% to 23% in order to help entrepreneurs upon the implementation of the minimum wage hike policy.

To help entrepreneurs further, Dr Suchart added that the government would help promote investment, reduce interest rate for tools and machineries for small and medium enterprises (SMEs).

The Pheu Thai economic team member also told the press that his party was working on details of the new government policies before discussing them with coalition partners. He confirmed that his party welcomed all ideas presented by other coalition parties, which would be mulled over again.

One is led to wonder whether there is already pressure being brought to bear as st their meeting today the Labour Committee urged the incoming government to raise the minimum daily rate to 300 baht a day NATIONWIDE as promised in their ( PTP) election campaign

[hammered]

BANGKOK, 18 July 2011 (NNT) The Pheu Thai Party has confirmed that all policies announced during its election campaigns are realistic and can be implemented, especially the policy to increase the daily minimum wage to 300 baht.

Pheu Thai party-list MP Dr Suchart Thadathamrongvech, one of the Pheu Thai economic team members, has confirmed that all policies can be carried out while incoming Prime Minister Yingluck Shinawatra has also expressed her determination to push all out for all the announced policies.

Dr Suchart noted that the party would invite related sides, including the Federation of Thai Industries (FTI) to confer about the daily minimum wage hike policy and to help draft and organize a workshop on the operational directions of this policy.

The newly elected MP, also the former finance minister, elaborated that the government would help reduce corporate income tax rate from 30% to 23% in order to help entrepreneurs upon the implementation of the minimum wage hike policy.

To help entrepreneurs further, Dr Suchart added that the government would help promote investment, reduce interest rate for tools and machineries for small and medium enterprises (SMEs).

The Pheu Thai economic team member also told the press that his party was working on details of the new government policies before discussing them with coalition partners. He confirmed that his party welcomed all ideas presented by other coalition parties, which would be mulled over again.

One is led to wonder whether there is already pressure being brought to bear as st their meeting today the Labour Committee urged the incoming government to raise the minimum daily rate to 300 baht a day NATIONWIDE as promised in their ( PTP) election campaign

You've had all these business organizations and wealthy dudes say they cant do it. Now you have an organization that represents labour saying they must do it. It all seems like normal practice as happens in any country. Workers and their reps want pay increased. Business and their reps dont want it increased (much). Government anywhere there is a minimum wage gets to be popular with one side or the other but rarely both and usually picks the side with the votes in a democracy.

Anyway it isnt worth getting all excited over until the government is formed and some kind of policy statement is made.

[lannarebirth]

All populist policies have to do with looting the treasury for short term gains and leaving a mess in the long term. PTP didn't think this one through too clearly as the policy must be shouldered by the private sector. I imagine given a little bit of time to work it out they'll find a way to loot the treasury to kickback to employers the difference in wages. Lots of opportunities for graft there, sure. I expect employment rates may get up to 110% .

Edited July 18, 2011 by lannarebirth

[lannarebirth]

All populist policies have to do with looting the treasury for short term gains and leaving a mess in the long term. PTP didn't think this one through too clearly as the policy must be shouldered by the private sector. I imagine given a little bit of time to work it out they'll find a way to loot the treasury to kickback to employers the difference in wages. Lots of opportunities for graft there, sure. I expect employment rates may get up to 110% .

As one of my daughters likes to say when she thinks i'm being obtuse; " ya get it" ? I'd almost trade for corrupt politicians rather than teenage daughters.