No plans to change minimum wage: labour minister
THE minimum wage, currently set at K3600 for an eight-hour workday, will not be raised any time soon, Union Minister for Labour, Immigration and Population U Thein Swe said yesterday.
The claim came in response to a question from Shan State Amyotha Hluttaw MP U Zaw Min Latt (National League for Democracy).
“Wages for domestic labourers should not be reduced to attract FDI [foreign direct investment],” he said. “It requires creating a transparent political system, a proper management system, and strong policy.”
The National Minimum Wage Determination Committee, which formed in December of 2013 and is tasked with setting the minimum amount, discussed the matter at its state and regional levels. Currently, there is no plan to amend the minimum wage, which was finalised among much contention last September.
The Union minister added that in addition to the workers’ basic living requirements, the wage must also take into account commodity prices, foreign investment levels, financial stability, and employers’ needs.
U Zaw Min Latt said, “If domestic labour has to work at the current minimum rate in the FDI jobs, there will be labour protests, which can damage national peace and development.”
“Also, the rate will not be attractive to migrant workers,” he added.