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Thailand To Boost Minimum Wage As New Year Gift

Thailand to raise the minimum wage to $11.76/day in 2025, with plans to reach $17 by 2027.

Emma AscottbyEmma Ascott
November 8, 2024
in News
Reading Time: 1 min read
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Thailand To Boost Minimum Wage As New Year Gift

Bangkok's skyline photographed during sunset in Bangkok, Thailand, January 4, 2023. REUTERS/Athit Perawongmetha/File Photo

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Thailand plans to increase the daily minimum wage to 400 baht ($11.76) next year, Labour Minister Pipat Ratchakitprakarn said on Friday.

“It will be a new year present,” he said.

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The increase was postponed from October, but the wage committee including representatives from employers, labor and the government will meet again in December at the latest, Pipat said.

The increase in the minimum wage from the current range of 330 baht to 370 baht per day was part of the ruling Pheu Thai party’s campaign platform. The party has pledged to increase it further to 600 baht by 2027.

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The planned increase will affect businesses with more than 200 workers.

($1 = 34.0100 baht)

(Reporting by Chayut Setboonsarng and Panarat Thepgumpanat; Editing by Christina Fincher and David Goodman)

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Source: Reuters
Tags: Asia-PacificCareer GrowthHuman Resources (HR)Workforce
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Emma Ascott

Emma Ascott

Emma Ascott is a contributing writer for Allwork.Space based in Phoenix, Arizona. She graduated from Walter Cronkite at Arizona State University with a bachelor’s degree in journalism and mass communication in 2021. Emma has written about a multitude of topics, such as the future of work, politics, social justice, money, tech, government meetings, breaking news and healthcare.

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