Wage Increases In Bangladesh And Vietnam

2010/8/21 15:08:00 105

Affected by the financial tsunami, mainland China suspended the minimum wage adjustment last year.

The situation has improved this year, plus

price

Rising and widening gap between the rich and the poor and other factors, in recent months, there have been many strikes, provinces and municipalities have raised the minimum wage standards, generally increased by about 20%.

For textile and garment industries that employ a large number of workers, it will inevitably increase the cost pressure.

Some garment enterprises are more interested in moving their production base to other countries with low labour costs in Southeast Asia, such as Bangladesh and Kampuchea.

However, the sharp rise in labor costs is not unique to mainland China.

With the development of national economy, the improvement of people's education level and the circulation of information, the demands of workers in various countries to improve their work and quality of life have been continuously improved.

In Bangladesh, Kampuchea and Vietnam, for example, the minimum wage has been raised this year, but it still does not seem to meet the demands of workers. There are still large-scale strikes and conflicts everywhere.

Minimum wage in Bangladesh increased by 80%

At the end of last month, Bangladesh announced the readjustment of the minimum wage structure for garment workers. The minimum monthly salary increased by 80% to 3000 Bangladesh (about $43) from 1662 Bangladesh (about 24 US dollars), but 1000 of Bangladesh was increased in the name of accommodation and medical allowances, and the last Bangladesh adjustment was in 2006.

Bangladesh

wages

The structural adjustment is as follows: effective from November this year:

Labor class