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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

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

โ€œIt will be a new year present,โ€ 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 partyโ€™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 the Associate Editor for Allwork.Space, based in Phoenix, Arizona. She covers the future of work, labor news, and flexible workplace trends. She graduated from the Walter Cronkite School of Journalism and Mass Communication at Arizona State University, and has written for Arizona PBS as well as a multitude of publications.

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