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Bangkok Post
Bangkok Post
Business

YOU WONT BELIEVE: Inflation attrition push up salaries | Mind Blowing Facts

Aon Inflation Aon Plc Thailand
Inflation as well as supply and demand in the talent market play a significant role in how salary changes look across the region according to a recent survey by Aon.

The median salary increase for Thailand in 2023 will be 5.1% compared with this year, according to a survey of more than 700 companies in the six largest Southeast Asian economies by Aon Plc, a global professional services firm.

The figure for Thailand compares with an expected median increase of 7.9% in Vietnam, 6.8% in Indonesia, 6% in the Philippines, 5.1% in Malaysia and 4.7% in Singapore, the company's 2022 Salary Increase and Turnover Study found.

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