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Thai Cabinet Delays Bt15,000 Pay Raise For Graduates


webfact

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It is commonly believed that the most often spoken phrase by a fresh BA graduate is "Would you like fries with that?"

That of course will change with the B15000/m pay rate as it can be said just as well by an un-overeducated idiot.

If the B15,000 doesn't eventuate during this term, I'm sure PTP will kick it up to B20,000 for the next election. You can fool some of the people.................

They'll need to, to cover the inflation from the B300/day, now heading for B400 even if some still havn't reached 3.

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Thanks for voting.......suckers!

Has anyone tried to interview a new graduate, or worse, employed one? If the plan is to increase their first salary by 6 or 7,000 baht, what plan to improve the quality is in place? What about the people with no degrees but 3, 5 or 10 years experience who actually know their job? Are they going to be put on 20,000 plus minimum?

I've been told that salaries for fresh graduates, such as for an entry-level position in a retail bank, are around 8k baht per month. So an increase to 15k baht is around double this.

Consider the massive number of workers around the country who graduated within the past 5 years who are still earning under 15k baht per month. Their salaries will need to be raised too in order to maintain a fair wage heirarchy, and I think the most fair way would be using a sliding scale similar to what I posted here: http://www.thaivisa....st__p__5196682.

Edited by hyperdimension
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Their salaries will need to be raised too in order to maintain a fair wage heirarchy, and I think the most fair way would be using a sliding scale

To create a sliding scale formula, if we set the minimum old salary at 8k and the ceiling for any increase at 20k, and the minimum new monthly salary is 15k by law, then the formula would be:

increase = -7000 / (20000 - 8000) * (old monthly salary) + 7000 + 7000 / (20000 - 8000) * 8000

= -7 / 12 * (old monthly salary) + 7000 * ( 1 + 2 / 3)

This would result in the following new monthly salaries:

Old monthly salary  Increase  New monthly salary
8000		   7000.00   15000.00		  
9000		   6416.67   15416.67		  
10000		  5833.33   15833.33		  
11000		  5250.00   16250.00		  
12000		  4666.67   16666.67		  
13000		  4083.33   17083.33		  
14000		  3500.00   17500.00		  
15000		  2916.67   17916.67		  
16000		  2333.33   18333.33		  
17000		  1750.00   18750.00		  
18000		  1166.67   19166.67		  
19000		  583.33   19583.33		  
20000		  0.00	  20000.00		  

Edited by hyperdimension
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Any comments from the Yingluck groupies?

Yep, predictably conspicuous by their absence. Come on guys we could all do with a laugh.

"we could all do with a laugh." I get a good laugh watching all YOUR groupies slapping each other on the back.

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The speach made by the British P.M. at the university in Indonesia, re trade agreements was a very good speach, and praising the government for trying to get more democratic and transparent. Cameron could NOT give that praise to Thailand government even if they paid him. This delay-Ha- is a typical happening here, false promises far exceeding most other countries. The government is now world wise becoming a Joke. I may be wrong but isn't Cameron by-passing Thailand, on his way to Burma on his trade agreement, if I am not wrong you can understand why.

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Thanks for voting.......suckers!

Has anyone tried to interview a new graduate, or worse, employed one? If the plan is to increase their first salary by 6 or 7,000 baht, what plan to improve the quality is in place? What about the people with no degrees but 3, 5 or 10 years experience who actually know their job? Are they going to be put on 20,000 plus minimum?

I've been told that salaries for fresh graduates, such as for an entry-level position in a retail bank, are around 8k baht per month. So an increase to 15k baht is around double this.

Consider the massive number of workers around the country who graduated within the past 5 years who are still earning under 15k baht per month. Their salaries will need to be raised too in order to maintain a fair wage heirarchy, and I think the most fair way would be using a sliding scale similar to what I posted here: http://www.thaivisa....st__p__5196682.

Well of course they could see that the 15k starter salary was fanciful and impractical. They also knew that most of the voters wouldn't.

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Hoteliers eye non-degree staff for lower wages

BANGKOK, 14 April 2012 (NNT) – Hotel operators have responded to the 15,000 baht pay rise policy by lowering education requirements of staff as a way to reduce operation costs.

According to Thai Hotels Association, more and more 2-and 3-star hotels have decided to recruit vocational graduates instead of degree holders who must be paid THB15,000 a month under the new employment policy.

Non-degree workers therefore have become an interesting option for they are paid THB300 per day.

The hotel industry and the Vocational Education Commission are working together to improve existing curricula in order to produce highly efficient workers for the service sector.

The Association disclosed that there would be fewer staff with a bachelor’s degree in the hotel industry. Yet, those holding a master’s are still needed in the management.

In the near future, some hoteliers may stop recruiting employees and turn to outsourcing for some departments in order to save costs in reaction to the pay rise policy.

The Bank of Thailand, meanwhile, said only 10 percent of workers nationwide receive a THB300 minimum wage at present.

Implementation of the pay rise scheme should not heavily affect operation cost but might lead to a slight increase in inflation which is still under the control of the central bank.

nntlogo.jpg

-- NNT 2012-04-14 footer_n.gif

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