Delay to minimum wage increase proposed

Eight associations have suggested the Prime Minister delay the timeframe for applying regional minimum wage increases, from July 1, 2022, as proposed by the National Wage Council, to January 1, 2023, to help businesses. The associations believe that raising wages in the middle of the year will put businesses in an extremely difficult situation, and many will have to cut staff, pause or reduce production, or even go bankrupt because they cannot pay the higher labor costs. This could lead to tens of thousands of workers losing their jobs.