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Bangkok Post
Bangkok Post
Business

EconThai calls for wage hike to be based on inflation rate

Protesters hold a sign saying 'The prices of goods go up, wages down' as they demand a hike in the daily minimum wage for workers outside Government House last month. (Photo: Apichart Jinakul)

The Employers' Confederation of Thai Trade and Industry (EconThai) is urging the government to base the daily minimum wage calculation on inflation, not politically-motivated factors, as the Labour Ministry plans to enforce the new wage hike in October, which is sooner than originally anticipated.

Tanit Sorat, vice-chairman of EconThai, said on Tuesday a 5-8% increase should be suitable and warned against any attempts to raise the wage out of a plot to attract votes in a general election next year.

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