Labor Costs
Median Monthly Salaries for Selected Positions (Survey Date Q2/2010)
Position
Baht
Skilled Labor
8,425
Semi-Skilled Labor
7,500
Unskilled Labor
6,000
Driver
8,000
Housekeeper
6,500
Notes: Bonus conditions vary from business to business, although one to two months extra salary a year is closest to the average. These figures are based on the results of a survey of BOI-promoted companies, conducted in August 2010.
* Salaries are subject to 4% social security fund contribution and 1% workmans compensation contribution (for first 15,000 baht per month of salary)
Overtime Regulations
Overtime on regular working days
1.5 time/hr
Regular work on public holidays
A. Monthly salary employees
1 time/day
B. Daily labor
2 time/day
Overtime performed on public holidays
3 time/hr
Source: Ministry of Labour, as of May 31, 2010
Website: www.mol.go.th
Severance Payment Entitlements
Workers employed for:
More than 120 days but less than 1 year
30 days
More than 1 year but less than 3 years
90 days
More than 3 years but less than 6 years
180 days
More than 6 years but less than 10 years
240 days
10 years and up
300 days
Source: Ministry of Labour, as of May 31, 2010
Website: www.mol.go.th
2010 Minimum Daily Wage
Province
Baht
US$
Bangkok and Samut Prakarn
206
6.31
Nakhon Phathom, Nonthaburi, Pathum Thani, and Samut Sakhon
205
6.28
Phuket
204
6.25
Chonburi and Saraburi
184
5.64
Phra Nakhon Sri Ayutthaya
181
5.55
Chachoengsao
180
5.52
Rayong
178
5.45
Nakhon Ratchasima, Phang-na, and Ranong
173
5.30
Chiang Mai
171
5.24
Krabi, Prachin Buri, and Lop Buri
170
5.21
Kanchanaburi
169
5.18
Phetchaburi
168
5.15
Chanthaburi and Ratchaburi
167
5.12
Singburi and Ang Thong
165
5.06
Prachuap Khiri Khan
164
5.03
Loei, Samut Songkram, and Sa Kaeo
163
4.99
Trang
163
4.99
Songkla
162
4.96
Chumphon, Trat, Nakhon Nayok, Narathiwat, Yala, Lamphun, Ubon Ratchathani, and Uthai Thani
160
4.90
Nakhon Si Thammarat, Pattani, Phattalung, Satun, Surat Thani, Nong Khai, and Udon Thani
159
4.87
Kamphaeng Phet, Chai Nat, Nakhon Sawan, Suphan Buri, Phetchabun
158
4.84
Kalasin, Khon Kaen, Chiang Rai, Buri Ram, Yasothon, Roi Et, and Sakhon Nakhon
157
4.81
Chaiyaphom, Lampang, and Nong Bua Lamphun
156
4.78
Nakhon Phanom, Mukdahan, and Amnat Charoen
155
4.75
Maha Sarakham
154
4.72
Tak, Phisanulok, Sukhothai, Surin, Uttaradit, and Mae Hong Son
153
4.69
Nan and Srisaket
152
4.66
Phayao, Phichit, and Phrae
151
4.63
Source: Ministry of Labor, as of May 31, 2010
Website: www.mol.go.th
Public Holidays 2011
Most national holidays and festivals are of a religious nature and serve to evoke a sense of devotion to the monarchy, the religion, and the nation. Some are celebrated by the lunar calendar and thus vary in date from year to year, while others are celebrated according to the solar calendar. Bank Holidays for 2011 are:
January
January 3 (Monday) - Substitution New Years Day (Saturday, January 1)
February
February 18 (Friday) - Makha Bucha Day
April
April 6 (Wednesday) - Chakri Day
April 13 (Tuesday) - Songkran Festival
April 14 (Wednesday) - Songkran Festival
April 15 (Thursday) - Songkran Festival
May
May 2 (Monday) - Substitution National Labor Day (Sunday, May 1)
May 5 (Thursday) - Coronation Day
May 17 (Tuesday) - Wisakha Bucha Day
July
July 1 (Friday) - Mid Year Closing Day (Bank Holiday but not a public holiday)
July 15 (Friday) - Asarnha Bucha Day
August
August 12 (Friday) - H.M. the Queen's Birthday
October
October 24 (Monday) - Substitution Chulalongkorn Day (Sunday, October 23)
December
December 5 (Monday) - H.M. the King's Birthday
December 12 (Monday) - Substitution Constitution Day (Saturday, December 10)
Source: Bank of Thailand, as of July 2010
Website: bot.or.th
Updated 30 November 2010