9 demands for a risk insurance finance
PUBLISHED: 1 May 2025 at 09: 28
An increase in time spend and a chance coverage fund for workers are among the demands made by a network of labor groups to level Labour Day on Thursday.
The most pressing request, according to Panus Thailuan, president of the National Congress of Thai Labour, is to set up a chance plan account to shield employees from unfair rejections and non-payment of compensation plans.
This need is brought on by numerous instances of companies shutting down businesses without making a compensatory wage for their employees, such as the Yarnapund Public Co Ltd. circumstance, which allegedly owed employees some 400 million ringgit in severance pay, he claimed.
Mr. Panus claimed that this account may be created by changing labor safety laws, adding that it would accept donations from companies and act as a guarantee for employees.
In the event that their place of employment shuts down, it may protect them from losing their money.
Another pressing request is to change the 1998 Labour Ministry Ministerial Regulation to ensure that monthly salaried employees receive 1.5 times their pay for time, the same pay that is given to daily-wage employees.
According to Mr. Panus, the government has acknowledged this problem and committed to completing the article by June.
Additional requirements include the right to free association and collective bargaining rights, as well as tax exemption on last lump-sum payment ( not exceeding one million baht ) for all fired people.
Other options include the addition of state-owned employees in the social security system, a minimum income of 5, 000 ringgit and life-time healthcare for retirees, rigid labor protection regulations, and higher safety standards for employees.
Additionally, the organizations demanded the establishment of a task force to observe the administration’s efforts to meet these goals.
The National Human Rights Commission ( NHRC ) urged the government to protect the rights of all workers, including those in the formal, informal, migrant, and service sector employees, as well as those in the gig economy, who it claimed still face issues like wage theft, social security, and discrimination.