Local businessmen fear wage hikes in Thailand
CNABANGKOK,--A planned nationwide increase in Thailand's minimum daily wage has Taiwanese businesses there worried that it will make it even harder for them to find workers next year in an already tight job market.
December 31, 2012, 12:12 am TWN
“There have been many workers in Bangkok who have ended their rental agreements in preparation for returning to their hometowns to work,” Thai Taiwan Business Association President Norman Chang told CNA.
Once the minimum daily wage is hiked to 300 baht (US$9.8), it will make sense for workers to return to work in their hometowns in provinces where daily wages are currently 150 baht to 200 baht, the businessman said.
Aside from earning a more competitive wage, the workers will also benefit by saving money on housing and food and will be able to help their families with farm work at the same time, Chang said, making an existing labor shortage even worse.