PhnomPenhpost-Jan 2, 2024
With the arrival of a new calendar year, workers in textile, garment, footwear, and travel goods factories are set to enjoy a new minimum monthly salary of $204. The new figure is $4 higher than the 2023 wage. The increase in minimum wage for 2024 was announced in November last year, following 20 consultative meetings between stakeholders. On November 28, the Ministry of Labor and Vocational Training issued a statement from the National Council on Minimum Wage (NCMW), announcing that the NCMW had set a monthly salary of $202 for factory workers in these sectors. The prime minister announced a $2 increase to the figure. Than, an employee of Bayon Garment Factory in Boeung Kak I commune, in Phnom Penh’s Russey Keo district, said on January 2 that even though the $4 increase was not as much as she had expected, it was “better than nothing”. She claimed that most workers were worried about layoffs almost every day, and were not working as much overtime as they used to. According to the labor ministry, the average factory worker will now earn from $221 to $232 per month, thanks to additional benefits. In addition, the government and relevant institutions are seeking to reduce the cost of living of workers throughout the country. Read more at: https://www.phnompenhpost.com/national/new-minimum-wage-in-effect-up-4-per-month