KT/Chor Sokunthea. “We decided on K4800 as the new minimum wage, which has been agreed to by most committee members,” said U Thein Swe, minister of Labour, Immigration and Population. The Lao government increased the minimum wage to 1.1 million kip (U.S. $127) per month in May 2018. Minimum Wages in Vietnam increased to 4420 VND Thousand/Month in 2020 from 4180 VND Thousand/Month in 2019. Minimum wage set at $190 for 2020. With its minimum wage, Laos falls in the top 49 percent of all countries, with 97 countries that lie above its ranking and have a higher minimum wage.
4 July, 2018 . By contrast, contracted laborers in neighboring Thailand, Vietnam, and Laos earned a monthly minimum wage of U.S. $191, $182, and $88 in 2020, respectively. Laos' yearly minimum wage is $1,057.00 in International Currency. International Currency is a measure of currency based on the value of the United States dollar in 2009. Minimum wage schedules set pay by occupation; for example, the minimum wage for domestic workers, for example, was EC $ 800 ($296.30) monthly, while that for a security guard was EC $6.00 ($2.22) per hour. Legal News & Analysis - Asia Pacific - Laos - Labour & Employment. The wage increase is critical in improving the livelihoods of the Lao people as LAK 900,000 is insufficient to live on due to the rising cost of household goods and the increased in the cost of living has contributed to the growing trade deficit in Laos. Laos Minimum Wage Published by: Open Development Laos This webpage provides information on the minimum wage in Laos, how it compares to that of other countries, and other facts and statistics about the country. Laos' Minimum Wage is the lowest amount a worker can be legally paid for his work. After months of deliberation, the government of Laos (“ GOL ”) officially approved an increase to the country’s minimum wage on 20 April 2018, from LAK900,000 (approximately USD110) to LAK1,100,000 (approximately USD133) per person per month. Next year’s basic minimum wage has been increased by 4.4 per cent to $190 a month from $170 per month last year after the final round of negotiations ended in a vote last week, the … In 2012 the government raised the minimum wage from 348,000 kip to 626,000 kip a month, and in 2015 ordered a further hike to 900,000 kip a month. Minimum Wages in Vietnam averaged 2697.69 VND Thousand/Month from 2008 until 2020, reaching an all time high of 4420 VND Thousand/Month in 2020 and a record low of 1000 VND Thousand/Month in 2008. The 2018 daily minimum wage of 4,800 kyat, which officially began to apply for all factories with more than 10 employees on 14 May 2018, has been negotiated intensely over a period of months between the government, employer and worker representatives. Salaire minimum - Liste des pays - Valeurs actuelles, les valeurs précédentes, prévisions, statistiques et graphiques.Asie -Salaire minimum - Liste des pays - Valeurs actuelles, les valeurs précédentes, prévisions, statistiques et graphiques. History. Laos raises minimum monthly wage to over 130 USD Source: Xinhua 2018-05-02 18:37:50 [Editor: huaxia] VIENTIANE, May 2 (Xinhua) -- All businesses and factories in Laos are required to increase the minimum wage from 900,000 kip (some 108 U.S. dollars) to 1.1 million kip (some 133 U.S. dollars) a month starting May 1, 2018. The minimum wage in Laos was increased by 44 percent, from 626,000 kip (US$77) to 900,000 kip (US$111) per month. Laos' yearly minimum wage is $1,057.00 in International Currency. Median Salary . Minimum-Wage.org provides a database of international minimum wage rates and labor law information for countries around the world.
, Minimum wage with effect from May 1, 2018, Living Wages Data - Availability October 2020 - Countries and Regions, United Arab Emirates - Living Wage Series - September 2020, Living and Working in Times of the Coronavirus, Covid - 19: Measures taken by Governments, Frequently Asked Questions - Corona Work Life project - WageIndicator. The Lao government has approved workers' monthly minimum wage of 1.1 million kip, an increase of 11 percent from 900,000 kip, according to the announcement of Prime Minister's Office No. Laos Minimum Wage Published by: Open Development Laos This webpage provides information on the minimum wage in Laos, how it compares to that of other countries, and other facts and statistics about the country. Advertisement. 1,047: 3,272. Laos. Minimum wage with effect from 1/1/19 till 12/31/19; Archive before 2019. Workers say the bump is not enough. The increase varies from US$6 to US$10 depending on living expenses in a particular region. Businesses should prepare and incorporate the increase in their budgets for the next year. This increase takes effect from 1 May 2018 to coincide with the International Labour Day. International Wage Comparison International Labour Organization collects statutory nominal gross monthly minimum wage from countries around the world. The minimum wage in Laos is a single rate applicable to all employees, and does not differ based on region, skill level, or employer The monthly rate has increased to US$190 for 2020 from US$182 in 2019. 2020 - 2021, Interns WageIndicator - FLAME University, India. Laos' minimum wage was last changed in 1-Jan-2014. International Currency is a measure of currency based on the value of the United States dollar in 2009. Laos has not applied an increase in its minimum wage since 2018. Current negotiations to raise the minimum wage in Laos, consistently one of the poorest countries in Southeast Asia, have seen workers push for an ambitious increase of one-third over the current wage of 900,000 kip ($108) a month set in 2015. However, the growth rate of minimum wage levels decreased in 2016, reflecting the Chinese government’s effort to reduce pressure on enterprises resulting from the uneven growth between labor costs and production rates. Civil servants and state enterprise employees are compensated a higher amount of … According to the Bank of Lao, the inflation rate in Laos in 2010 was ended up more than 8%. The monthly minimum wage for all private sector workers is 1,100,000 kip, 18 (roughly US$130) along with a meal allowance of 50,000 kip per day (roughly US$5.90). Help us keep Minimum-Wage.org up-to-date! Living and Working during the Coronavirus Pandemic - Link me to the Covid 19 Survey and Daily Updates, Cite this page: © WageIndicator 2020 - WageIndicator.org -, Minimum-Wage.org provides a database of international minimum wage rates and labor law information for countries around the world. - People work much more than the Contracts tell us, Covid-19: Living and Working in Coronavirus Times, Trabajo - Vida en Tiempos de Coronavirus - Español, Covid- 19: Effect of pandemic on Garment and Flower Industry, Gross/Net Check plus employer’s labour costs, Monitoring the impact of the WageIndicator sites and activities, Mywage.org/Ethiopia for living wages in the garment sector, Wages in Context in the Garment Industry in Asia, Global WageIndicator Minimum Wage database, Interns WageIndicator - FLAME University, India. Contact. The median salary is 4,910,000 LAK per month, which means that half (50%) of the population are earning less than 4,910,000 LAK while the other half are earning more than 4,910,000 LAK. The current minimum monthly wage is 1.1million kip (about £98/$127, April 2019). The increase will take effect from 1 May to coincide with International Labor Day. While we take all precautions to ensure that the data on this site is correct and up-to-date, we cannot be held liable for the accuracy of the labor law data we present. Vietnam will increase minimum wages by approximately 5.7 percent from January 1, 2020. Usage is subject to our Terms and Privacy Policy. New Minimum Wage in Laos. Four regions in China have released a plan to increase minimum wage standards, with more places projected to follow in order to improve the welfare of the people, Economic View reported on Friday. 2020, Vacancies, internships, and volunteer opportunities, Pandemic - WageIndicator Team & Flame Interns, Web Traffic National WageIndicator Websites - 2012 - 2019, Data from Salary Check and Salary Survey over the years, About the Minimum Wages Database (English). Mr Samheng noted that while Cambodia offers a minimum wage of about $190, Vietnam only offers $120, while Indonesia and Laos offer $110. After months of deliberation, the government of Laos (“GOL”) officially approved an increase to the country’s minimum wage on 20 April 2018, from LAK900,000 (approximately USD110) to LAK1,100,000 (approximately USD133) per person per month. Per month. ← Back to International Minimum Wages Home. The minimum wages are government-mandated, meaning that workers cannot be paid less than the set minimum rate. The minimum wage in Laos has rocketed in recent years which the country puts down to record increases in economic growth and a subsequent rise in living costs. Minimum Salary in Vientiane, Laos Currently, the minimum salary in Vientiane, and as a matter of fact in whole Laos, was established by the government and became effective as of May 1st 2018 at the rate of 1.100.000 KIP, which translates into roughly 130 US dollars, considering the exchange rate in January 2019 (source: Vientiane Times). Laos has yet to implement an increase in its minimum wage since 2018. State Minimum Wages | According to data from Statistics Indonesia (BPS), the country’s inflation reached 3.72 percent year-on-year in September of last year, while economic growth was recorded at 4.99 percent year-on-year over the same period. The old minimum wage of K3600 was set in September 2015.

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