Minimum Wage Law for Cambodia's Factory Workers

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Re: Minimum Wage Law for Cambodia's Factory Workers

Post by CEOCambodiaNews » Tue Sep 17, 2019 2:58 pm

Negotiations to continue for next year’s minimum wage
By Phnom Penh Post - September 16, 2019

Negotiations for next year’s minimum wage will continue this week as the parties work to reach an agreement that will impact about 800,000 workers in the textile, garment and footwear industries, the Ministry of Labour and Vocational Training said on Thursday.

Representatives for workers have already agreed to reduce their demand from $199 to $197 per month, while representatives for employers have agreed to increase their offer from $184 to $184.50 per month, it said.

Cambodia’s minimum wage is currently $170 per month.

In full: https://www.phnompenhpost.com/national/ ... ext-years-
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Re: Minimum Wage Law for Cambodia's Factory Workers

Post by CEOCambodiaNews » Mon Sep 23, 2019 12:25 am

September 20, 2019
Minimum wage for garment, and footwear sectors rises to $190 in 2020

The minimum wage for workers in the textile, garment, and footwear industries has increased to $190 in the year 2020, according to the Ministry of Labour.

In an announcement released after a trilateral meeting today, the Labour Ministry said the National Committee for Minimum Wage has determined $187 as the minimum wage, while Prime Minister HE has decided to add $3 more.

The ministry said besides the monthly minimum wage, workers will still receive other fringe benefits including an extra 10 U.S. dollars per month for regular attendance and an extra seven U.S. dollars per month for transportation and rent.

The ministry said the new wage will be effective from the first of January 2020.

Labour Minister Ith Samheng said that while Cambodia offers a minimum wage of about USD 190, Vietnam only offers USD 120 in some regions and only $110 in Indonesia and Laos.
https://www.khmertimeskh.com/50645175/m ... 0-in-2020/
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Re: Minimum Wage Law for Cambodia's Factory Workers

Post by SternAAlbifrons » Mon Sep 23, 2019 2:31 am

$45/week might sound fantastic.
But don't go comparing it to the lowest common denominators, that only leads to a race to the bottom.

That is one of the problems with globalisation.
The "Haves" want to pay the dirt cheap prices that free trade brings - and insists upon the globalisation of starvation wages. "or we go elsewhere"

It seems to me that HE recognised a few years ago ago that if capitalism coughed-up a living wage, the whole Cambodian economy would benefit.
$50/month doesn't stimulate consumer spending very much. $200 does.

And $300 will even more.
Keep fighting workers and unions!! - for globalised equity
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Re: Minimum Wage Law for Cambodia's Factory Workers

Post by Kammekor » Mon Sep 23, 2019 2:56 am

If you put these numbers next to the inflation the wages don't keep track.

182 > 190 = +4.4%

Estimated inflation, anyone? My bet: 5-10%.
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Re: Minimum Wage Law for Cambodia's Factory Workers

Post by SternAAlbifrons » Mon Sep 23, 2019 3:03 am

The annual inflation rate in Cambodia was recorded at 2.07 percent in April of 2019.

But yes, K - the wage rise is effectively cut in half, in real terms, by inflation.
The workers still have a long way to go to reach global, even national, equity.
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