EDUCATION
Wages go up across the board: survey
The Nation

BANGKOK: -- WORKERS with vocational degrees enjoyed the highest average wage increase in the past seven years, according to a joint survey by Sripatum University and the Federation of Thai Industries (FTI).

Between 2009 and 2015, the average income for those with vocational certificates jumped by 57.85 per cent from Bt6,411 to Bt10,120, said Praphan Chaikidurajai, director of SPU's master of science in human resource management.

Those with high vocational certificates had a 53.32 per cent wage increase - Bt7,425 to Bt11,384.

Holders of bachelor's degrees had a 41.59 per cent increase - Bt10,941 to Bt15,491.

The average pay for someone with a master's degree rose 24.16 per cent - Bt16,952 to Bt21,047.

The university researcher did not reveal the reasons for the increases.

During the past seven years, Thailand's minimum wage rose to Bt300.

That ensured a minimum monthly wage of Bt9,000 for unskilled labour, forcing all employers to raise the wages of skilled labour.

Pongdet Sriwachirapradit, vice chairman of FTI's Human Capacity Building Institute, revealed that the average wage for high-level company executives was Bt140,957, dropping to Bt68,201 for middle-level executives and Bt35,554 for primary-level executives.

The average salary for experienced professionals rose to Bt156,599 for high-level executives, to Bt79,245 for middle-level executives and to Bt40,386 for the primary-level executives.

The annual survey, conducted on 110 businesses in 11 industries in June, also found that salaries were set to rise an average 5.04 per cent this year and the average bonus would be 2.3 months. The autoparts industry aimed to give the highest average bonus - seven months.

Almost half or 48 per cent of the surveyed businesses considered bonus payments based on a workers' performance, performance and experience (28 per cent) and a blanket bonus of 19 per cent.

The average staff turnover rate was 12.27 per cent and the most cited reasons for staff leaving a company was to get better wages and welfare, a work-related disgruntled feeling and a work relationship. The survey found that many businesses met the legal welfare requirement and some went beyond it.

Ninety-two per cent of the companies provided uniform welfare, 90 per cent provided death compensation, 87 per cent had an infirmary/clinic and 82 per cent provided group accident insurance.

Source: http://www.nationmultimedia.com/national/Wages-go-up-across-the-board-survey-30271882.html


-- The Nation 2015-10-30

Yes, the minimum wage of THB300/day yeilds THB9,000/month if the erson works 7 days a week.

Yes, the minimum wage of THB300/day yeilds THB9,000/month if the erson works 7 days a week.

And many do. Or if they're lucky they get 1 or 2 days holiday per month.

Factories also take deductions for tax and insurance......favorite slang for todays factory worker...."O.T."..overtime........after 8 hours its about 40b an hour.

interesting ....

With a inflation of 0 point something over the past years (if we want to believe propaganda) The standard of living has hugely increased,....... NOT

see a lot of smoke and mirror here too..... something is not adding up.....

the prices of all products stay the same to force inflation ratio.... but volume on consumer goods go down.... 1,6 L of coca cola is now 1,4 L for the same price...... and so on ( list is too long to write here)

Even those white boxes of food you buy ready made on the street is now smaller than they used to be 3 years ago....

would be interesting in the name of happiness to all the people in Thailand to find out who ordered this survey

That is usually where you find the genie

interesting ....

With a inflation of 0 point something over the past years (if we want to believe propaganda) The standard of living has hugely increased,....... NOT

see a lot of smoke and mirror here too..... something is not adding up.....

the prices of all products stay the same to force inflation ratio.... but volume on consumer goods go down.... 1,6 L of coca cola is now 1,4 L for the same price...... and so on ( list is too long to write here)

Even those white boxes of food you buy ready made on the street is now smaller than they used to be 3 years ago....

would be interesting in the name of happiness to all the people in Thailand to find out who ordered this survey

That is usually where you find the genie

yeah the inflation lie....put in enough Apple iphones, RAM, Laptop which drop in price daily and the inflation will be very low.

No problem that meat and eggs got very expensive by 3 iphones per month and you end up spending the same.

Superficially, this sounds like welcome news for thousands of young men and women being put through the archaic mincing machine of the vocational training system, still widely regarded as a nobbled race for the also-rans of Thai society.

But look a little deeper.

Is it really surprising that wage levels have risen in the period under review? Thailand and other Asian economies were largely unaffected by the 2008 credit crunch and price inflation in the intervening years covered by the survey has been substantial.

The figures quoted are, therefore, pretty meaningless. A more telling indication of whether a vocational college education is worthwhile would have been to show the difference between earnings then and now in real terms, taking inflation - for which no data was provided - into account..

Intriguingly, the newspaper reports that the university researcher did not "reveal" the reasons for the wage increases. This implies that he or she did not know the answer or declined to give it - or were simply not asked. Black marks all round.

Many thousands (if not millions) of migrant workers and poorly-educated Thais doing menial jobs for a pittance will laugh at the survey's naive belief that the much-vaunted 300 baht per day minimum wage is now universally applied.

Even if this were the case, a six-day working week based on this princely sum would yield only 7,200 baht a month, not 9,000 as stated in the report. Presumably, most of Thailand's well-heeled captains of industry, who bitterly opposed the increase, are sufficiently well-educated (not, you can bet, at a vocational training college) to know that even God, in creating the planet, rested on the seventh day.