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Thailand'S Policy Of Raising Wages Has Led To The Collapse Of Many Enterprises.

2011/6/9 13:36:00 62

Salary Increase In Thailand Market

On June 9th, it was reported that Thailand Paonsa, chairman of the Industrial Institute, said that the wage increase policy put forward by the political parties had a great impact on industrial capital and competitiveness, and could even lead to the closure of 6.7-16.9%'s factories and enterprises. proposal Salary increase Can be based on market The trend and the committee's consultations are flexible.


Yesterday, he said that the conference discussed the salary increase and the minimum wage policy raised by various political parties, and thought that such a pay increase policy was a kind of jump pay increase and did not comply with the joint committee's opinion. According to the situation of rising to 240-300 baht, the survey of more than 7000 enterprises in China, accounting for 70% of the gross national product, and 80% of them for small and medium enterprises, concluded that this would lead to the closure of 6.7-16.9% enterprises, especially textile, packaging, shoemaking and leather goods enterprises. Therefore, in raising salaries, we should proceed according to market rules. And at present, Thailand still faces 500 thousand labor gap. At the same time, business owners are mainly welfare oriented in terms of competition for skilled workers, and their benefits even exceed their salary standards.


In addition, a sharp rise in the minimum daily wage will also increase the investment capital of enterprises, and those who have accepted orders may lose money. Similar cases have happened in the past. The minimum daily wage increase in 2011 has led to rising prices and devaluation of currencies. It also affected Thailand's competitiveness, because Thailand is now only superior to Philippines in ASEAN.

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