Permanent Secretary of Ministry of Labour suggests improving workers’ skills to mitigate effect of 300 baht daily minimum wage
Date:Wednesday, 04 April 2012
The Central Wage Committee held a meeting to follow up impact of the 300 baht daily minimum wage, which has been effective since April 1, 2012, saying that so far there has been no unusual sign on the cost of living and inflation, and suggesting workers’ skill upgrading as a sustainable solution to mitigate the effect of the wage hike for employers.
Mr. Somkiat Chayasriwong, Permanent Secretary of Ministry of Labour, in his capacity as the chairperson of the Central Wage Committee, said the committee held a meeting to review minimum wage per hour for school and university student, which is set at 30 baht per hour for the maximum of four hours per day, as it viewed that the condition did not suit with the current economic situation. He said the committee, therefore, assigned a technical subcommittee to look into the matter and see whether or not an additional clause should be added to each particular type of job, and if the condition is appropriate, and to propose results to the committee again.
The Permanent Secretary of Ministry of Labour also said the committee also followed up the impact of the 300 baht daily minimum wage, which has been effective since April 1, 2012. He said so far there has been no unusual sign on the cost of living and inflation.
The meeting, however, wanted to speed up measures to assist small and medium sized enterprises (SMEs). During the meeting, Mr. Somchai Sujjapongse, Director General of Ministry of Commerce’s Fiscal Policy Office, in his capacity as representative of the government, said he would propose assistance measures to the cabinet meeting within this month. These measures include 150 percent tax deduction for differential in wage cost for a business with registered capital of less than five million baht and income of less than 30 million baht per year, workers’ capability building, tax exemption for cost of a replacement of an old machinery with a new one, and new calculation method for a depreciation value of a new machine for tax deduction.
The Permanent Secretary of Ministry of Labour further said that Ministry of Labour also prepares to borrow money worth 10 billion baht to finance its business development loan program though five banks, namely Islamic Bank of Thailand, Bangkok Bank Public Limited Company, Krung Thai Bank Public Company Limited, Land and House Bank, and Kiatnakin Bank, noting that for now, there are still sufficient fund for loan as not many business operators have joined the program.
In an effort to increase capability of workers to make the wage hike worthwhile, Ministry of Labour will continue improving skills of existing and new workers in order to make them a responsible, diligent, disciplined worker, to make them aware of work safety, to improve their work efficiency, and to equip them with skills needed for each particular job, he said, noting that wages of existing and new workers have to be adjusted upward to 300 baht per day in parallel.
Entrepreneurs and employees can make enquiry or suggestion about the 300 baht daily minimum wage and report its impact to Ministry of Labour’s complaint center by phoning at 022321137 during official hour or to provincial office of labour nationwide.
“Thai workers, the factor of production, the national economic resource”
Information Dissemination Bureau
/Wanida Klaisri – News