The Minimum Wage Nationwide to Bt300

[Chatty]

My friend took a taxi last week, and the taxi driver thought my friend was glad about PTP. policy. Minimum wage for new graduated BA. 15000 / month. and minimum wage will be 300 baht / day. My friend told him it doesn't matter, cuz cost of living would gain up.

It's disappointed why most of Thai people have short-sight. Don't they see, it's big issue, it's easy to say give 15,000 b. / month for BA. yes!! sounds good. How about the old employees? They might get like 8000 - 9000 at start, what if they get like 12000 now? and how about the employees who have higher education? So that's mean the companies have to change whole system payment. Are they ready? and how much does it cost? which mean they gain up price of everything?

How about minimum wage 300 baht / day? my friends who have small business are complaining about it now. Deal to the problem of Thai labour wage these days make them turn to hire Cammy, Burmese, or Rohingya. After those people heard the news, they ask for more pay.

I can't get the picture how Ms.Yingluck will deal with it. Ofcourse, she (or her brother) has to force, to push til she get what she promise or else, she will screwed up.

After read news today, I see how the react of the employers.

Please share your thought.

FTI against the proposal

By The Nation

Published on July 12, 2011

The Federation of Thai Industries (FTI), the largest grouping of industrial manfacturers, strongly opposed the new government's policy to raise the minimum wage nationwide to Bt300.

FTI chairman Payungsak Chartsutipol said after the meeting today that 513 manufacturers surveyed by the organisation strongly opposed the policy, as this would push up the manufacturing cost. They proposed that the wages should be raised gradually not abruptly, based on the inflation, employers' financial capacity and the economic condition in each province.

"Small operators are now comfortable if the minimum wage is raised to Bt200 a day, while medium-sized operators can accommodate Bt211 and large-sized at Bt205," he said.

After a meeting today, the FTI issued an open statement to the government, containing the grouping's five stand points.

First, the FTI is totally against the Pheu Thai Party's proposal and urges the new government to review this proposal thoroughly as it would affect the overall economy.

Second, minimum wages should be adjusted in line with market mechanism.

Third, the central wage committee should be given a free hand in setting the minimum wage, without any political interference.

Fourth, if the wage hike really happens, the government must come up with measures to assist employers.

Fifth, the FTI is ready to participate in any wage-related negotiation, for the benefits of all parties.

Edited July 13, 2011 by Chatty

[English_Bob]

It's bullshit.

Why would you give a payrise to everyone, regardless of their productivity? All that happens is the manufacturers need to pass that cost onto their customers, or lower their profits (and that won't happen!)

I pay all my staff more than the minimum wage, but if regulation came in saying I needed to increase their salaries by 30-40%, I'd start looking for employees who were worth the extra money.

[CiaranM]

After a meeting today, the FTI issued an open statement to the government, containing the grouping's five stand points.

First, the FTI is totally against the Pheu Thai Party's proposal and urges the new government to review this proposal thoroughly as it would affect the overall economy.

Second, minimum wages should be adjusted in line with market mechanism.

Third, the central wage committee should be given a free hand in setting the minimum wage, without any political interference.

Fourth, if the wage hike really happens, the government must come up with measures to assist employers.

Fifth, the FTI is ready to participate in any wage-related negotiation, for the benefits of all parties.

my understanding is (and correct me if i'm wrong) is that PTP have already backtracked on this "election promise" and have said that the increase will have to be "phased in" and not increased to 300 baht immediately.

i don't understand why they weren't asked to explain how Thai companies were supposed to implement this wage increase and remain competitive ... it was absolutely insane and would have done the Thai economy immense damage !!!!

[CiaranM]

It's bullshit.

Why would you give a payrise to everyone, regardless of their productivity? All that happens is the manufacturers need to pass that cost onto their customers, or lower their profits (and that won't happen!)

I pay all my staff more than the minimum wage, but if regulation came in saying I needed to increase their salaries by 30-40%, I'd start looking for employees who were worth the extra money.

u think u would find them ?? one of the major difficulties i've encountered in Thailand is finding good, educated, experienced, capable staff ... in my experience they r very few and far between !!!

[koolbreez]

What allot of people don't know, and have been mislead by the PTP about the wage hike is it will only apply to Bangkok, not the whole country.

Even though he is a square face, you still have to know that Thaksin is the one that leads, and sets policy for the new government.

From Thaksin's speech last Sunday in Brunei, where he has been based to meet with those likely chosen for cabinet positions, he gave this interview.

http://www.bangkokpost.com/news/election/246421/thaksin-outlines-his-vision-for-a-new-thailand

Thaksin outlines his vision for a new Thailand

• Published: 11/07/2011 at 12:00 AM
  

From the questions asked him:

-----------------------------------------------------------------------------------

Interviewer: What about the minimum wage plan?

Thaksin: The 300 baht a day minimum wage, or plans to pay new graduates 15,000 baht a month, will both be based on tax cuts.

Whoever fears they will be the only one to pay has to change their thinking.

The 300-baht minimum wage will only apply to Bangkok. In other areas, minimum wages will be lower.

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These are Thaksin's words, and will be the "clone's" words, and policy also. He now sets policy, and people should not forget that. He will be running the country, and stealing from it again through the "clone".

He also has $1.4billion US to get back also, and will start that process first thing. With him, and the "clone" money comes first.

The wage hike has already been changed by his words from what was promised. Bringing back the "Square Face" song has to be done so people remember what Thaksin being in charge will mean, and don't for a minute think that he won't be in charge of running the country. He will again have his hand in every single element of government operation, and the money.

[Chatty]

It's bullshit.

Why would you give a payrise to everyone, regardless of their productivity? All that happens is the manufacturers need to pass that cost onto their customers, or lower their profits (and that won't happen!)

I pay all my staff more than the minimum wage, but if regulation came in saying I needed to increase their salaries by 30-40%, I'd start looking for employees who were worth the extra money.

u think u would find them ?? one of the major difficulties i've encountered in Thailand is finding good, educated, experienced, capable staff ... in my experience they r very few and far between !!!

Not sure about the new graduated... not only me who said They aren't good. My friends and people i know from the other companies said the same... I told him we are dealing with the Thai generation Y. so they aren't risk takers, they like everything come in packages, they like social network. etc.

[kaunitz]

Typical election promises. People invent some "good" points and publish them, voters are swallowing them. But none of the two groups are thinking the issue to the final point. So the negative consequences often are much more severe than the benefits that come out of these promises. But this not only happens in Thailand.....