The median salary increase for Thailand in 2023 will be 5.1% compared with this year, according to a survey of more than 700 companies in the six largest Southeast Asian economies by Aon Plc, a global professional services firm.
The figure for Thailand compares with an expected median increase of 7.9% in Vietnam, 6.8% in Indonesia, 6% in the Philippines, 5.1% in Malaysia and 4.7% in Singapore, the company's 2022 Salary Increase and Turnover Study found.
