May 2, 20242 yr From Thai PBS World Thai workers have little to celebrate on Labor Day this year, with the government’s promised wage hike nowhere in sight. They will have to wait until at least October for the ruling Pheu Thai Party to honor its election pledge to raise the minimum daily wage to 400 baht. In contrast, white-collar government workers including new civil servants and retired officials will enjoy salary hikes from Labor Day on May 1. New civil servants will start on 18,000 baht per month while the monthly pensions of retired officials will rise to at least 11,000 baht. “The move to increase income for civil servants is politically motivated,” said Assoc Prof Dr Kiriya Kulkolkarn, who lectures at Thammasat University’s Faculty of Economics. She argued that raising salaries in this way distorts the labor market, offering limited improvement in quality of life for middle-class earners while failing to redistribute wealth to low-income earners. Kiriya also suspected that the government policy to significantly raise the minimum wage had a political motive. Continues at https://www.thaipbsworld.com/labor-day-wage-hike-delayed-thai-workers-and-experts-bemoan-thailands-low-income-trap/
May 3, 20242 yr 13 hours ago, Keithambrose said: £450 a month for civil service with a degree! 5 offs for a bar boy? Agree that that knowledge is not lost on the young men of Bangkok.🙂
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