ID :
192808
Mon, 07/04/2011 - 14:46
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Shortlink :
http://m.oananews.org//node/192808
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Wages hike awaits new Thai government
BANGKOK, July 4 (TNA) - Thailand's Central Wage Committee has postponed its meeting to consider a new wage hike until the newly-elected Thai government takes office.
Thai Permanent Secretary for Labour Dr. Somkiart Chayasriwong, who chairs the Central Wage Committee, announced the decision after today's meeting of the government's panel, saying that the resolution to adjourn the next meeting of the Central Wage Committee, earlier set on July 6, followed the country's new general election yesterday--in which the ruling Democrat Party will be handing over its administrative power to the newly-majority-elected Puea Thai Party, whose wage policy has not yet officially announced.
Meanwhile, Associated Professor Dr. Yongyuth Chalaemwong, Director for Research on Labour Development of Thailand Development Research Institute (TDRI), warned that the Pheu Thai Party's electoral campaigned policy on an equal minimum wage hike to 300 baht a day nationwide would seriously affect local employers and the overall Thai economy due to their surge of production and operational costs, possibly resulting in a collapse of several firms, mass layoffs, rising inflation and relocation of multilateral businesses to other countries.
The TDRI expert suggested that the newly-elected Pheu Thai government, instead, raise the country's minimum wages in two phases with equal percentage points based on existing uneven rates in different areas where costs of production and living costs have varied, or overhaul the Kingdom's overall wage structure covering evenly minimum wages, initial wages or salaries for those firstly-recruited and payrolls of skilled workers to ease the feared adverse effects on the national economy.
The TDRI top academic proposed that the new Thai labour minister be an experienced, high spirit labour economist, rather than a labour socialist, and an advocate of a team-work with inter-agencies networking mindset. (TNA)
Thai Permanent Secretary for Labour Dr. Somkiart Chayasriwong, who chairs the Central Wage Committee, announced the decision after today's meeting of the government's panel, saying that the resolution to adjourn the next meeting of the Central Wage Committee, earlier set on July 6, followed the country's new general election yesterday--in which the ruling Democrat Party will be handing over its administrative power to the newly-majority-elected Puea Thai Party, whose wage policy has not yet officially announced.
Meanwhile, Associated Professor Dr. Yongyuth Chalaemwong, Director for Research on Labour Development of Thailand Development Research Institute (TDRI), warned that the Pheu Thai Party's electoral campaigned policy on an equal minimum wage hike to 300 baht a day nationwide would seriously affect local employers and the overall Thai economy due to their surge of production and operational costs, possibly resulting in a collapse of several firms, mass layoffs, rising inflation and relocation of multilateral businesses to other countries.
The TDRI expert suggested that the newly-elected Pheu Thai government, instead, raise the country's minimum wages in two phases with equal percentage points based on existing uneven rates in different areas where costs of production and living costs have varied, or overhaul the Kingdom's overall wage structure covering evenly minimum wages, initial wages or salaries for those firstly-recruited and payrolls of skilled workers to ease the feared adverse effects on the national economy.
The TDRI top academic proposed that the new Thai labour minister be an experienced, high spirit labour economist, rather than a labour socialist, and an advocate of a team-work with inter-agencies networking mindset. (TNA)