Lao Pride Forum - Laos minimum wage increase 700,000 kip

llX

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Laos minimum wage increase 700,000 kip
13^th Apr, 2011 at 6:34pm

Amidst rising food and fuel prices, authorities are negotiating a rise in the minimum wage for Lao workers. The Lao Federation of Trade Unions has stated the proposed wage rise is aimed at improving the livelihoods of workers in response to rising inflation.

http://laovoices.com/2011/04/13/minimum-wage-increase-unlikely-to-affect-inflati...

Some businesses and economists have voiced concern that raising the minimum wage could lead to higher inflation as it would increase production costs and businesses would have to sell their products at higher prices.

The minimum wage for Lao workers is currently 348,000 kip per month but, if allowances are included, a worker on the minimum wage can earn about 500,000 kip.
The last increase to the minimum wage occurred in 2009, when it rose from 290,000 kip to 348,000 kip per month. The Lao Federation of Trade Unions wants to propose a minimum wage of about 700,000 kip per month, more than double the current wage.

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llX God Member Offline "Absolute power corrupt." Posts: 2685 Gender: Age: 36 Awards: 2	Re: Laos minimum wage increase 700,000 kip Reply #1 - 13^th Apr, 2011 at 6:36pm Laos minimum wage should increase to 1,400,000 a month. Not 700,000 kip. Its not enough. Per Capita, per month Thailand = 3,066,666 kip China = 2,855,333 kip Laos = 750,000 kip Vietnam = 778,666 kip Cambodia = 693,333 kip Burma = 798,000 kip
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Re: Laos minimum wage increase 700,000 kip
Reply #2 - 13^th Apr, 2011 at 7:39pm

2,1000,000 kip would be better. What would be the expected wage for fresh out with a bachelor's degree? Just curious to know.

llX wrote on 13^th Apr, 2011 at 6:36pm:

Laos minimum wage should increase to 1,400,000 a month. Not 700,000 kip. Its not enough.

Per Capita, per month

Thailand = 3,066,666 kip
China = 2,855,333 kip
Laos = 750,000 kip
Vietnam = 778,666 kip
Cambodia = 693,333 kip
Burma = 798,000 kip

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Re: Laos minimum wage increase 700,000 kip
Reply #3 - 13^th Apr, 2011 at 10:06pm

If you have a bachelor's degree in Laos, you're expected to earn over $200 US (1,600,000 kip) per month.

Anything less than that, then your education didn't really give you an advantage.

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Re: Laos minimum wage increase 700,000 kip
Reply #4 - 13^th Apr, 2011 at 11:31pm

llX wrote on 13^th Apr, 2011 at 6:36pm:

Can you convert these figures into $ bro?

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llX God Member Offline "Absolute power corrupt." Posts: 2685 Gender: Age: 36 Awards: 2	Re: Laos minimum wage increase 700,000 kip Reply #5 - 13^th Apr, 2011 at 11:34pm $1 = 7,985 Kip Laos 750,000 Kip = $93.92
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Re: Laos minimum wage increase 700,000 kip
Reply #6 - 14^th Apr, 2011 at 12:05am

That's not bad compared to the salary some of my cousins were making a few years ago. They were only making 1000 baht working as loggers. Maybe they were under the table or something, who knows. Back then, that was the going rate to take a pusao to bed. Not fair, right? Some people work a sternly for a whole month, while others only have to bonce up and down for a hour to take all your effort away from you. Cry

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llX

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Re: Laos minimum wage increase 700,000 kip
Reply #7 - 14^th Apr, 2011 at 1:28am

The more you pay the people the better. The money will stimulated Laos economy. People make more will spend more. I don't understand why per capita in some country is $40,000 and other only $1,200 a year." Life is not fair." In a perfect world if Lao-American make $50,000 a year so should Lao in Laos. If I get my way.

Big company, corporation wanted to pay people as cheap as possible, more profits and money in their pocket. If America don't have Union or rule of law they probably pay us $2 and hrs and work 6-7 day a week. Like in 1900's.
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PEACE wrote on 13^th Apr, 2011 at 7:39pm:

2,1000,000 kip would be better. What would be the expected wage for fresh out with a bachelor's degree? Just curious to know.

llX wrote on 13^th Apr, 2011 at 6:36pm:

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Re: Laos minimum wage increase 700,000 kip
Reply #8 - 14^th Apr, 2011 at 1:37am

Per capita income in Laos is $1,120 a year. But some people make way less.

Inequality. In Thailand is worst average worker in Bangkok make about $700 a month, but in Lanna and Isan people only make about $230. Thats why red shirt protest.
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Larb Dip wrote on 14^th Apr, 2011 at 12:05am:

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Re: Laos minimum wage increase 700,000 kip
Reply #9 - 14^th Apr, 2011 at 2:41am

In the 1930's, Judy Garland was earning around $300 - $500 US per week in America, which was a lot of money for a teenager or anybody back in those days. I guess being a movie star helps.

In the case of Bangkok, you probably need to work in a professional field to be earning around $700 US per month. The average monthly salary seems less in Issan, because many are low skilled workers, so it brings the average down.

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Re: Laos minimum wage increase 700,000 kip
Reply #10 - 14^th Apr, 2011 at 2:51am

If Judy Garland make $300-$500 that's a lot of money in the old day. Back then e erything was cheap, gas probably cost $.10 a gallon and house probably cost $15,000.

Isan and Lanna get pay less because they kept them poor. Jek Bangkok need cheap Labors and sex worker. Jek hold the power, control the army and the economy. Most jek live in Bangkok about 7 million out of 11 million Bangkokians. That's how the system work.
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PEACE God Member Offline Posts: 719 DIN FAR Gender: Age: 53	Re: Laos minimum wage increase 700,000 kip Reply #11 - 14^th Apr, 2011 at 2:51am Applies to any sector (government, health, manufacturing....etc)? Admin Saovaluck wrote on 13^th Apr, 2011 at 10:06pm: If you have a bachelor's degree in Laos, you're expected to earn over $200 US (1,600,000 kip) per month. Anything less than that, then your education didn't really give you an advantage.
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PEACE God Member Offline Posts: 719 DIN FAR Gender: Age: 53	Re: Laos minimum wage increase 700,000 kip Reply #12 - 14^th Apr, 2011 at 2:55am What is the average wage in Thailand (middle class)? Many khonLao cross over to find jobs in Thailand.
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llX

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Re: Laos minimum wage increase 700,000 kip
Reply #13 - 14^th Apr, 2011 at 2:57am

Admin Saovaluck wrote on 13^th Apr, 2011 at 10:06pm:

If you have a bachelor's degree in Laos, you're expected to earn over $200 US (1,600,000 kip) per month.

Anything less than that, then your education didn't really give you an advantage.

$200 is still too low. Come on Lao government Lao worker need higher wages, living wages so young Lao don't take a risk working in Thailand.

Someone told me you can make about $500 working for foreign company or non profits organization.
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Re: Laos minimum wage increase 700,000 kip
Reply #14 - 14^th Apr, 2011 at 3:15am

$200 US is the minimum monthly income in any sector if you have a qualification.

I know people who work for the government that earn $200-$300 US per month.

That's right, local people working for foreign companies earn around $500 US per month, they get bonuses too.

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