Minimum wage to ‘hit B400 as NY gift’

As a New Year’s Day present for employees, the Labour Ministry wants to raise the everyday wage to 400 ringgit per person on January 1.

According to a supply at the Ministry of Labour, details have been made about the government’s plans that have increased the minimum daily income to 400 baht throughout the country.

According to the cause, the department plans to put this strategy into action starting January 1. Establishing a new bilateral income section to remove the existing one has been decided in the running procedure.

On Tuesday, the government will make a proposal to the case for two new authorities representatives.

One of them will reflect the Ministry of Finance, replacing a previous Bank of Thailand professional.

If the government approves the proposed members, the new committee will join its first meet, possibly in December, to finalise details based on recommendations from the municipal compensation committee.

The goal is to bring the proposed date’s implementation of the new minimal income to its conclusion.

The labor secretary, according to the cause, has already reviewed the information and is expected to present them to the cupboard by the start of the year.

He added that there might not be a consensus at the organization’s first meeting in December. Therefore, a second conference is anticipated to result in a choice being reached by the month’s end.

According to the Finance Ministry, assistant permanent secretary Akkaruth Sandhyananda may get nominated as the agency’s agent.

The director-general of the Department of Labour Protection and Welfare will also be chosen to serve on the commission along with representatives from the employee and employer businesses.

The labor minister has strict control over the situation to ensure compliance with all applicable laws, so this plan is expected to go forward without issue, according to the cause.

While the new wage will apply nationwide, exceptions will be made for small and medium-sized ( SME) businesses which will be given a one-year adjustment period, said the source.

Former prime minister Thaksin Shinawatra stated in a statement on Thursday that the Pheu Thai-led government wants to reduce the country’s debt, raise the minimum daily salary to 400 baht, increase it to 700 baht, and increase the maximum monthly salary from 1500 to 25, 000 baht.

That will occur under the present state, he said.

According to Deputy Prime Minister and Minister of Defense Phumtham Wechayachai, the prime minister’s decision to implement the 400 ringgit stage before the year’s end is dependent on the president.