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Influencing Factors of Wage Increase Trend in Thailand (2022-2023) |
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| รหัสดีโอไอ | |
| Creator | Wanvicechanee Tanoamchard |
| Title | Influencing Factors of Wage Increase Trend in Thailand (2022-2023) |
| Publisher | Doctor of Philosophy in Social Sciences Association Ramkhamhaeng University |
| Publication Year | 2566 |
| Journal Title | วารสารดุษฎีบัณฑิตทางสังคมศาสตร์ |
| Journal Vol. | 13 |
| Journal No. | 2 |
| Page no. | 353-368 |
| Keyword | Influencing Factors, Wage Increases, Wage Growth, ปัจจัยที่มีอิทธิพล, การปรับขึ้นค่าจ้าง, ค่าจ้างเพิ่มขึ้น |
| URL Website | https://so05.tci-thaijo.org/index.php/phdssj |
| Website title | Ph.D. in Social Sciences Journal |
| ISSN | 2985-0029 |
| Abstract | This academic article aims to discuss the factors that affect wage increases in Thailand, particularly in 2022-2023, and suggests improving the workforces skills to match wage adjustments. It draws from Gerhart and Newman (2020) on organizational competitiveness and wage determination. The analysis also includes trends in Thailands wage increases and factors influencing wage adjustments in Thailand, as analyzed by the World Bank (2023), Trading Economics (2023), United Nations Development Program (2020), and International Monetary Fund (2020), as well as relevant documents and research. The article proposes recommendations to increase the workforces skills to manage with wage adjustments and adoptive competitiveness, based on the concepts of Milkovich, Newman, and Gerhart (2017), along with related research. The synthesis and presentation of conclusions align with the relevant concepts and theories in each topic, serving as a framework for analysis. Findings are as follows: Wage adjustments are influenced by various factors, including economic growth, inflation rates, government policies, industry-specific factors, and internal factors, especially the bargaining of labor unions. Employers with the potential to increase wages during the years 2022-2023 should focus on upgrading the workforces skills to adapt to wage adjustments and enhance organizational competitiveness. |
