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Final Decision on Minimum Wage Set for Friday

Final Decision on Minimum Wage Set for Friday

The National Wage Committee is set to meet again on Friday with the intention of implementing a minimum wage of 400 baht for large employers across the country starting October 1, as stated by Labour Minister Phiphat Ratchakitprakarn.

During a previous meeting on Monday, the tripartite committee, which includes representatives from employees, employers, and the government, faced a setback as none of the five employer representatives attended. Only the employee and government groups, consisting of five members each, participated, according to Mr. Phiphat’s comments on Tuesday.

The ministry was informed that “other engagements” had prevented all employer representatives from being present at the meeting.

Generally, employers have expressed opposition to the introduction of a 400-baht minimum wage, particularly concerning its nationwide application.

Currently, the minimum wage ranges from 330 to 370 baht, depending on the province.

Mr. Phiphat mentioned that another invitation would be extended to the employer representatives for Friday’s meeting. “I urge the five employer representatives to attend and exercise their rights,” he said. “If they miss the meeting for a second time, we will take that as a waiver of their rights.”

He assured that the meeting would take place regardless, noting that a two-thirds majority would be necessary to approve the 400-baht wage policy.

This wage increase would apply to businesses employing at least 200 workers. The ministry is optimistic that the policy will be enacted on October 1.

Mr. Phiphat also noted that he had received letters from the Chamber of Commerce, the Federation of Thai Industries, and their provincial branches expressing they are not yet prepared for a wage increase. However, given the rising cost of living, he believes that without this policy, workers will face significant difficulties.

“We need to find the best balance to ensure both employers and employees can advance together,” he concluded.

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