The Bt300 wage policy has cost at least 3,434 workers their jobs during the past six months, according to official statistics.
The minimum daily wage was first hiked in April in seven industrialised provinces including Bangkok. The country’s 70 other provinces also saw the minimum wage rise by about 40 per cent under the government policy.
On January 1, the Bt300 wage was made official throughout the country, raising concerns that the resulting boost to production costs would lead to mass layoffs and increased job insecurity.
Labour Minister Phadermchai Sasomsap said yesterday that only 275 have lost their jobs during the first four days of this year.
Many more workers had been given pink slips for reasons other than the wage hike, he said. During the past six months, 3,159 people became jobless because of the financial crisis in Europe while 5,378 people were let go for various other reasons.
The Labour Protection and Welfare Department was closely monitoring the situation and would rush to help laid-off workers.
“We will assist with negotiations with employers to ensure that affected workers get severance pay as soon as possible,” he said.
The ministry found 39 businesses that appeared to be on the verge of releasing their workers because of Europe’s debt crisis and the wage hike.
Bt300 minimum wage attracts more migrant workers to Thailand
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