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New minimum wages from 340-550 baht per day to become effective August 10


rooster59

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19 minutes ago, Ulic said:

I am still unclear. This is for "skilled" jobs. What was the old rate of pay for these

jobs? What is happening to the 300 baht a day rate minimum wage for the

non-skilled workforce. If this just a smoke and mirrors populist announcement

on referendum day. Should it not have been announced a day or two ago?

Once again I am left scratching my head. If the old rate of pay for these

jobs was 300 baht a day that is a hefty increase for the economy to support. :facepalm:

It sounds a lot like the system used in Oz many years back where there was a minimum wage level set for unskilled workers and different trades had various  skill loadings - a percentage increase over MW for recognised qualifications.

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18 hours ago, mcfish said:

A final nail in the expat coffin for the british I fear

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Not going to affect existing expats a great deal, irrespective of nationality.

 

The most visible effect of the last increase was hotel prices and that is going affect tourists and potential expats of all nationalities.

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A few years ago there was talk about minimum wage to 15.000 , wasn't there? 

Did that not happen to prevent the economy going down ?
Or am I completely mixing things up here.?

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6 minutes ago, KKr said:

A few years ago there was talk about minimum wage to 15.000 , wasn't there? 

Did that not happen to prevent the economy going down ?
Or am I completely mixing things up here.?

 

I believe that was university graduates with a Degree.

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8 hours ago, mcfish said:


Brexit = currency crash and now goods and services about to cost more here it's all piling up.

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Haven't noticed a currency crash,doubt I will.

The wage rise is limited to certain trades,so will have limited effect,on goods and services.

I certainly won't be tightening my belt any.

 

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   13 minutes ago,  KKr said: 

A few years ago there was talk about minimum wage to 15.000 , wasn't there? 

Did that not happen to prevent the economy going down ?
Or am I completely mixing things up here.?

22 minutes ago, DerringDo said:

 

I believe that was university graduates with a Degree.

 

You are right, it was a recommendation.

A newspaper clip from 2011 refers, that is probably where my confusion is coming from.
:

BANGKOK—The Thai government will raise the minimum monthly wage of civil servants to 15,000 baht (about $500) as of Jan. 1, Deputy Finance Minister Viroon Techapaiboon said.

The increase from the current 10,000 baht will cost the government 20 billion baht a year, he said on Thursday. The government also hopes to encourage private-sector companies to raise the starting monthly salary of newly graduated employees to 15,000 baht.

Source: The Wall Street Journal, Sept. 2, 2011

Edited by KKr
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I don't know anyone that will  be personally  affected 

by the Thais making more money, even if it is

limited to certain skilled workers.  Imagine 

inflation will affect the poorer Thais, but all my

friends and I have prepared for our retirement and a

10-15% increase in the cost of living here in

Thailand won't be noticed.  Still so economical

to live in LOS!!

Edited by little mary sunshine
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18 hours ago, Senechal said:

 

First off, this is a 60% raise. It's an absolutely *insane* amount to rapidly raise an economically sensitive input cost like the cost of labor.

 

Never mind the morality of it. Never mind the economic necessity of it. Doing an extremely rapid, un-phased wage hike of 60% is dangerous. This will have serious effects on the Thai economy. Prepare for unemployment levels to "surprise" economists to the upside.

 

 

This only appears to affect people in certain skilled jobs. It is highy unlikely that people doing the skilled jobs will be working for the current minimum wage at the moment, some of them will be earning much more than that.

 

The people doing the unskilled work will still be paid a pittance, slightly more than before but not much.

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18 hours ago, Senechal said:

 

First off, this is a 60% raise. It's an absolutely *insane* amount to rapidly raise an economically sensitive input cost like the cost of labor.

 

Never mind the morality of it. Never mind the economic necessity of it. Doing an extremely rapid, un-phased wage hike of 60% is dangerous. This will have serious effects on the Thai economy. Prepare for unemployment levels to "surprise" economists to the upside.

 

 

This only appears to affect people in certain skilled jobs. It is highy unlikely that people doing the skilled jobs will be working for the current minimum wage at the moment, some of them will be earning much more than that.

 

The people doing the unskilled work will still be paid a pittance, slightly more than before but not much.

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On 8/6/2016 at 9:01 PM, Alive said:

Sure it appeals to the poor and they happen to announce this news today just before the vote? The junta has changed people at ThaiPBS since it took over. I thought there was a recent change of the head but maybe I am wrong about that.

 

No, the wage increase was mentioned couple months ago....if you follow the news

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4 hours ago, joskeshake said:

And what can the people do if the boss not pay ? nothing, if they try to speak about it, they must be carefull, or they get fired.

 

well I'm sure people will know what salary they are getting before starting work.... its on their contract that they sign... boss not pay you can always go to labor department

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I can not find anywhere what those groups are and what the types of jobs are

 

Funny enough there is no list of what the exact wage must be.

 

So how do employers comply without knowing what is going on?

 

 

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4 hours ago, mike324 said:

 

well I'm sure people will know what salary they are getting before starting work.... its on their contract that they sign... boss not pay you can always go to labor department

sorry, i mean not pay the new minimum wages

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6 hours ago, volka said:

I can not find anywhere what those groups are and what the types of jobs are

 

Funny enough there is no list of what the exact wage must be.

 

So how do employers comply without knowing what is going on?

 

 

Exactly. I tried looking too but found nothing (maybe we have to wait until the 10th?). The area where my girlfriend lives, I believe the general population will hear this and believe the increase applies to them regardless of training, certificates or job. They can barely get enough work at B300 a day. Good luck trying to get more out of the employer.

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