Thailand is known for its temples, culture, religion, and scenic beauty. Over the years, the country has boosted its economic development with tourism and industrialization. Out of 39 countries in the Asia-Pacific region, Thailand holds the 13th position for overall economic growth.
Bangkok, Chiang Mai, Pattaya, Phuket
Skilled Trades, Sales Representatives, Drivers, Technicians, IT
The top local universities in Thailand are as follows:
World : 483
World : 686
World : 870
World : 907
World : 1040
The average monthly salary in Thailand is mentioned below:
|Job Title||Average Monthly Salary (THB)||Average Monthly Salary (USD)|
|Database Administrator||103,000 THB||3,122.11 USD|
|Project Manager||117,000 THB||3,546.48 USD|
|Business Development Manager||155,000 THB||4,698.32 USD|
|Accounting Manager||144,000 THB||4,364.89 USD|
|Developer / Programmer||96,600 THB||2,928.12 USD|
|Network Engineer||83,800 THB||2,540.13 USD|
EPS recruitment, Fame Placement Co. Ltd, Fischer and Partners
The payroll cycle in Thailand is usually monthly, depending on what is stated in the contract.
The minimum wage varies per region, ranging from 328 THB to 354 THB.
The overtime pay in Thailand:
The 13th-month pay is not mandatory in Thailand.
In Thailand, employees are entitled to benefits that employers indicate in employment contracts. Below are some of them:
|Social Security*||5%||Maximum up to 750 THB/ Month|
|Worker’s Compensation||0.2% – 1%||Maximum 240,000 Baht per person per year|
*Social security in Thailand covers 7 benefits: Sickness, Maternity, Invalidity, Death, Child allowance, Unemployment, Retirement
|Social Security||5%||Maximum up to 750 THB/ month|
|Taxable Amount||Tax rate|
|0 – 150,000 THB||Exempt|
|150,001 to 300,000 THB||5%|
|300,001 to 500,000 THB||10%|
|500,001 to 750,000 THB||15%|
|750,001 to 1,000,000 THB||20%|
|1,000,001 to 2,000,000 THB||25%|
|2,000,001 to 5,000,000 THB||30%|
Thailand has a standard VAT of 7%.
Termination of the contract may be initiated by either the employer or the employee, and either party shall issue notice. However, if the employee has a fixed contract, a notice is unnecessary when the contract expires.
Thai employees under probation are given a notice period of up to 30 days. After probation, they are to observe a notice period of up to 3 months when terminating their employment.
The severance pay is based on the years of service by the employee.
|Years of Service||Severance Pay|
|120 days to 364 days||30 days pay|
|1 year to 2 years and 364 days||90 days pay|
|3 years to 5 years and 364 days||180 days pay|
|6 years to 9 years and 364 days||240 days pay|
|More than 10 years||300 days pay|
To legally work in Thailand, foreign employees must first acquire a Non-immigrant visa B which can be either a 90-day single entry or 1-year multiple entries. This can be extended as well as cancelled on certain conditions by the embassy. After which, a foreign employee can apply for a work permit.
The overtime pay in Thailand:
|Normal Days||1.5 times the hourly rate|
|Normal working hours on Holidays||2 times the hourly rate|
|Overtime on Holiday||3 times the hourly rate|