A client who uses payroll outsourcing service of MSNA Group consulted with us on how much to increase the salaries of his employees in Thailand.
Question: Our new Thai company is considering giving salary increase to our employees. We would like your advice on the practice of salary increase in Thailand. What is the average percentage increase in salary in our industry? Maybe there is a different increase for different levels of staff, for example technicians, executives and managers?
Answer: Regarding the practice of salary increase in Thailand, there are companies that give 3 – 10% increase depending on whether they make profits in the previous year. However, from the experience of many clients who use MSNA Group for payroll outsourcing service, we have learned that salary increase by percentages does not work for every employee. Like bonuses, the employers may want to give a less salary increase to the employees that they can replace easily and/or do not perform that well and a bigger salary increase to the employees that they really need and/or perform well (or to the employees that are in high demand and can find another employer so easily).
Contact MSNA Group for payroll outsourcing service and advice on human resource issues.