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. , 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. low pay, wage inequality by decile, wages by sex, etc.). The current minimum monthly wage is 1.1million kip (about £98/$127, April 2019). 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. The Laos government’s announcement of the increase of the minimum wage took effect on 1 April 2015. 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. Laos. 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). 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. "We believe that the wage hike will further improve the livelihoods of our garment and footwear workers," … Data on earnings are presented in nominal terms and on the basis of the minimum of monthly earnings of all employees as of January 1st of each year. Laos. “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. Laos. 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). 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. Vietnam will increase the minimum wage by an average of 5.7 percent in 2020. Laos will raise the minimum wage for unskilled labourers by almost 50% in a move reflecting the government’s concern about a worker shortage. 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. Businesses should prepare and incorporate the increase in their budgets for the next year. 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. According to the Lao Federation of Trade Unions, last year Laos had about 551,200 labourers, many of whom are largely unskilled, with some 70 percent working in the industrial sector. In previous years, the data underlying the Global Wage Report included many additional indicators (e.g. Vietnam will increase minimum wages by approximately 5.7 percent from January 1, 2020. Minimum-Wage.org provides a database of international minimum wage rates and labor law information for countries around the world. According to the Lao Federation of Trade Unions, last year Laos had about 551,200 labourers, many of whom are largely unskilled, with some 70 percent working in the industrial sector. Minimum-Wage.org provides a database of international minimum wage rates and labor law information for countries around the world. 168.3 % 2017 Albania: 26,000 Albanian lekë ($240) per month, in private sector and 37,000 lekë ($332) per month in public sector. Figure 1: Non-compliance rates with the minimum wage Contact. Powered by the WageIndicator Foundation - Share and compare wages, understand Labour Laws and spot career opportunities. Laos' yearly minimum wage is $1,057.00 in International Currency. Minimum wage in Cambodia is mainly guaranteed for workers in the country’s textiles and footwear manufacturing industry. KT/Chor Sokunthea. This increase takes effect from 1 May 2018 to coincide with the International Labour Day. Laos' minimum wage was last changed in 1-Jan-2014. Laos has not applied an increase in its minimum wage since 2018. 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. Is any of our data outdated or broken? Laos has not applied an increase in its minimum wage since 2018. The new minimum wage growth formula is hinged on the sum of Indonesia’s inflation and GDP growth over the past 12 months. Legal News & Analysis - Asia Pacific - Laos - Labour & Employment. The minimum wage was determined through tripartite social discussions between the employers’ associations, workers’ organizations, and government representatives. 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. Laos has yet to implement an increase in its minimum wage since 2018. Minimum wage law is the body of law which prohibits employers from hiring employees or workers for less than a given hourly, daily or monthly minimum wage. More than 90% of all countries have some kind of minimum wage legislation. Laos has a government-mandated minimum wage, and no worker in Laos can be paid less then this mandatory minimum rate of pay. The increase will take effect from 1 May to coincide with International Labor Day. Alternative approaches are also explored. The increase will take effect from 1 May to coincide with International Labor Day. International Currency is a measure of currency based on the value of the United States dollar in 2009. The minimum wage for permanent government workers was 6,000 Afghanis ($74) per month. The new minimum wage growth formula is hinged on the sum of Indonesia’s inflation and GDP growth over the past 12 months. Content © 2020 Minimum-Wage.org, all rights reserved. Median Salary 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. Living and Working during the Coronavirus Pandemic - Link me to the Covid 19 Survey and Daily Updates, Cite this page: © WageIndicator 2020 - WageIndicator.org -, 40 0.5: 1.57. 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. The last increase in minimum wage was made in 2015 where the it was changed from LAK626,000 to LAK900,00 a month. Salaries in Laos range from 1,150,000 LAK per month (minimum salary) to 20,300,000 LAK per month (maximum average salary, actual maximum is higher). The government issued Decree no … The minimum wage with allowances in Vientiane is about 500,000 kip ($66.88) a month, one of the lowest in the region. Laos is a country located in the Southeast Asia region with a population of 5,433,000 and an average life span of 53.1 years. In neighboring Thailand, the minimum wage in Bangkok is about $200 per month. - 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. State Minimum Wages |