Announcement on 1 Oct. this D-Day to increase wages in all sectors to 400 baht.

Bangkok, The Minister of Labor announced on 1 October this D-Day an increase in wages in all sectors to 400 baht per day, ready to move forward with 600 baht per day. "Anutin" emphasized that this policy is just as important. digital wallet Mr. Anutin Charnvirakul, Deputy Prime Minister and Minister of Interior along with Mr. Pipat Ratchakitprakarn, Minister of Work Participate in the opening of National Labor Day activities for the year 2024 and represent the Prime Minister. Received 10 demands from labor leaders, including : 1. The government must adopt International Labor Organization Conventions No. 87 and 98. 2. The government must enact an act. or announce a ministerial regulation to establish a risk insurance fund. To provide security for the work of employees 3. Let the government reform and amend social security, such as adjusting the pension base to start at 5,000 baht when the insured person receives the old-age pension. Please continue to have medical treatment rights for the rest of your lif e. 4. Have the Ministry of Labor build a social security hospital. and establish a labor bank for workers 5. Use strict measures for business establishments with contract employees. must follow Labor Protection Act 1998, Section 11/1 6. Expedite the conclusion of guidelines for arranging the welfare system for post-retirement medical expenses. Providing state enterprise employees with a state welfare system comparable to that of pensioners. and employees in the social security system, Section 33 7. Increase security guarantees for employees by hastening the National Pension Fund Act. Effective soon 8. Raise the level of the Labor Safety Division to become the Department of Labor Safety. 9. When an employee is injured, sick, or experiences danger due to working for the employer. Let the Compensation Fund pay excess medical expenses to employees until the end of medical treatment. 10. Have the Minister of Labor appoint a working group to follow up on National Labor Day 2024 demands. Mr. Anutin said that today he came as a representative of the Prime Minister. The government is willing and ready to support workers to have a better quality of life. Better income better welfare The Ministry of Labor will bring together 10 proposals from employee representatives. Let's continue and work systematically. Confirm that every proposal will be improved in order to lead to solutions to create a good quality of life for our fellow workers. We would like to announce good news to our fellow workers in every sector that we are preparing to announce an increase in wages to 400 baht per day from October 1 onwards. We apologize that this may take a long time. Because there must be a discussion and understanding with all parties, confirming that this policy is no less important than digital wallets that will help people have a better quality of life. Mr. Phiphat said that the reason there has not been a wage increase to 400 baht since January 1st. Because there are still problems in negotiating and understanding with many a gencies, especially the private sector. and SME entrepreneurs If the minimum wage is adjusted, it will be the group that will be most affected. But after the pilot was announced last April. that the wage will be raised to 400 baht for those working in hotels starting from 4 stars, it has been coordinated by the hotel association that all hotels across the country are ready to increase the wage to 400 baht, they just want to ask the government to help with training. Increased work standards and skills The Ministry is ready to accept the proposal to discuss with the Cabinet. to request a budget for this part Confirmed that the 400 baht wage adjustment will be announced from October 1 onwards. will be received simultaneously in every sector, every business, and in every province without any separation or piloting in any way It will be announced simultaneously throughout the country. After it was announced that it will enter the process of studying the possibility of increasing it to 600 baht within the time peri od that this government has announced. There is approximately 3 years left to study the feasibility. Asked what concerns he had about the announcement of a 400 baht wage increase, Mr. Phiphat stated that he was somewhat concerned about the decision to invest by foreigners. If compared with wages in the ASEAN region Thailand is considered to have relatively high wages. Including the expansion of the business within the country requires the addition of a large amount of capital. There is approximately 6 months left before it is officially announced. Will coordinate with relevant agencies. including the Ministry of Interior In going out and talking with business owners both domestically and abroad What parts do you want the government to help with? As for the budget that will be used to support this section, it is expected that it will need to be discussed with many agencies. Because from the evaluation it is likely that a huge amount of money will be required. They are also concerned about small entrepreneurs . especially SMEs and independent entrepreneurs who need to hire workers This part will increase expenses somewhat. and may affect the business of this group for the remaining period before October. All departments will be invited to discuss and study what issues will be encountered if the announcement is made. And what issues would you like the government to help with? Source: Thai News Agency