Minimum wage rises have failed to keep up with GDP growth with workers on the lowest rung in society receiving only a 15-baht hike in the daily wage in the last 10 years, according to a Thammasat University economist.
This may provide some financial relief for some workers, but it is far from enough, according to Kiriya Kulkolkarn, an associate professor at Thammasat University's Faculty of Economics.
