ASEAN KEY DESTINATIONS
Delay in Thai wage hike requestedThe Employers Confederation of Thailand and the Federation of Thai Industries have called on the Central Wage Committee to postpone considering the 300-baht minimum pay rise decision for six months.
The Central Wage Committee will meet today to reach a final decision on the government's 300 baht (US$10) minimum wage push one of the Pheu Thai Party's main policies in this year's election campaign.
The confederation and the FTI met Saturday at the Army Club on Vibhavadi Rangsit Road to discuss the issue.
Atthayuth Leeyawanich, an employer on the wage panel, said employers wanted the wage panel to postpone the 300 baht wage rise, as it would further hurt flood-hit businesses.
Floods have wreaked havoc on many industrial estates in several provinces, with more than 10,000 textile and electronics businesses affected.
Recovery could take at least six months, so the decision should be delayed that long, Mr. Atthayuth said.
He would ask the central wage committee to postpone its decision.
The tripartite committee, made up of employers, employees and state officials, is considering two options.
The first option, proposed by the state and employees, involves increasing the daily wage in each province by 40 percent, taking effect on January 1, 2012, next year, and raising the daily minimum wage to 300 baht across the country on Jan. 1, 2013
The second option, favored by employers, is a gradual rise to 300 baht over a four-year period.
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