Cambodian trade unions seek 6.1% monthly wage raise
02 Sep 20 1 min read
In a meeting late last month, trade unions in Cambodia agreed that textile, garment and footwear factory workers should receive a 6.1 per cent monthly raise of $11.59 in their wages next year. This figure will be negotiated at a meeting of the National Council on Minimum Wage at the ministry of labour and vocational training on September 3.
The meeting will be attended by representatives of trade unions, garment factories and the labour ministry, according to Cambodian media reports.
The figure was based on three main factors: a 2 per cent increase to account for annual inflation, 2 per cent for factory productivity and 1.3 per cent for margins of profit of employers, according to Cambodian Labour Confederation president Ath Thorn.
He said employers have raised concerns about a wage raise considering the disastrous effects Covid-19 has had on factories. Garment Manufacturers Association in Cambodia (GMAC) deputy secretary general Kaing Monika said the association is still analysing data.
He said each wage raise demand is generally based on the current situation. Given the pandemic, he said it is highly likely that workers will face a wage decrease rather than a raise.
Disclaimer - All News/Articles items are subject to copyright and no article either in full or part may be reproduced in any form without permission from Fibre2Fashion Pvt. Ltd.
The meeting will be attended by representatives of trade unions, garment factories and the labour ministry, according to Cambodian media reports.
The figure was based on three main factors: a 2 per cent increase to account for annual inflation, 2 per cent for factory productivity and 1.3 per cent for margins of profit of employers, according to Cambodian Labour Confederation president Ath Thorn.
He said employers have raised concerns about a wage raise considering the disastrous effects Covid-19 has had on factories. Garment Manufacturers Association in Cambodia (GMAC) deputy secretary general Kaing Monika said the association is still analysing data.
He said each wage raise demand is generally based on the current situation. Given the pandemic, he said it is highly likely that workers will face a wage decrease rather than a raise.
Fibre2Fashion News Desk (DS)
Popular News
|
South Indian cotton yarn prices stable with optimism for future demand |
|
China's fabric exports rise in Q1 2024; Vietnam leads as top market |
|
Bangladesh apparel export to Europe hit $2.963 bn in Jan-Apr 2024 |
|
Demand rises in south India’s cotton yarn market, prices up in Mumbai |
|
IFC launches Dutch-backed textile sector project in Jordan |
|
US’ Dick's Sporting Goods’ net sales rise 6.2% to $3.02 bn in Q1 FY24 |