Wage hike compounded by tougher labour rules | Bangkok Post: business

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Wage hike compounded by tougher labour rules

Tougher enforcement of labour laws is adding to the costs of businesses already shouldering the higher daily minimum wage, says Adecco, the Swiss human resources firm.

Ms Tidarat noted several other payments are now associated with hiring an employee.

"Apart from the wage increase, hiring an employee includes Social Security contribution, worker's compensation and other benefits, in line with Labour Ministry rules," said Tidarat Kanchanawat, regional director for Thailand and Vietnam.

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  • falangsur

    United StatesPost : 190

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    Discussion 1 : 30 Nov 2012 at 09.481

    Competitive advantage of cheap labor never lasts long - succesful countries know this and educate the population so that as labor costs rise, they will have a better educated, better trained workforce to justify increased costs. Thailand has not followed South Korea, India, and Taiwan in this way....

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