Thailand: Employee Benefits & Compensation

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Article
“Time Off In Lieu” Under Thai Labor Law: Opportunities And Limitations For Employers
Thai labor law does not expressly recognize time off in lieu (TOIL) as a substitute for statutory overtime compensation, creating potential legal risks for multinational employers operating in Thailand. Understanding the statutory requirements for overtime, holiday, and holiday overtime pay is essential for compliance, as employee consent alone may not prevent claims for unpaid compensation even when compensatory leave has been granted.
Thailand Employment
TG
Tilleke & Gibbins
Article
Thailand Moves To Reform Old-Age Pension Calculations
Thailand's cabinet has approved a draft ministerial regulation that would fundamentally transform how old-age pension and gratuity benefits are calculated under the Social Security Fund. The reform introduces a career average revalued earnings model to replace the current 60-month average salary calculation, affecting both current recipients and future beneficiaries. The regulation includes transitional protections and expanded gratuity entitlements, with implementation expected within eight to ten months f
Thailand Employment
TG
Tilleke & Gibbins
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