Payroll Cycle
Minumum Wage
Overtime Pay
Period Rate
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
Visa Immigration

Talent Wiki - Thailand

Your quick guide on talent and labor compliance norms in Thailand
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Capital
Bangkok
Currency
Thailand Baht (THB)
Languages
Thai (Official)
Payroll Frequency
Monthly
GDP per Capita
$8,356
Employer Tax
5.2% - 6%

Talent Overview

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.

Major Economic Hubs:

Bangkok, Chiang Mai, Pattaya, Phuket

Skills in Demand:

Skilled Trades, Sales Representatives, Drivers, Technicians, IT

Local Universities

The table below mentions top local universities with world rank in Thailand.

Mahidol University

RANKING

Thailand : 1

World : 519

Chulalongkorn University

RANKING

Thailand : 2

World : 720

Chiang Mai University

RANKING

Thailand : 3

World : 974

Kasetsart University

RANKING

Thailand : 4

World : 1061

Prince of Songkla University

RANKING

Thailand : 5

World : 1098

Salary Data

The average salary in Thailand is mentioned below

Job Title Salary Range (THB) Salary Range (USD)
Data Scientist 79,900 - 241,000 2387.21 - 7200.48
Product Manager 74,600 - 225,000 2228.86 - 6722.44
Business Development Manager 71,100 - 246,000 2124.29 - 7349.87
Accounting Manager 69,200 - 226,000 2067.52 - 6752.32
Fullstack Developer 52,800 - 155,000 1577.53 - 4631.01
Software Developer 51,300 - 143,000 1532.72 - 4272.48

Talent Sourcing Tips

Top Local Job Boards

JobThai, Indeed, JobBKK

Number of LinkedIn users

3,663,000

Top Recruitment Agencies

EPS recruitment, Fame Placement Co. Ltd, Fischer and Partners

Employing in Thailand

It is important that employers look into the country’s employment laws and regulations when onboarding people from Thailand. Some of the policies that Thailand observes for the local employees are explained below. 

Employee Contract

Employee contracts in Thailand can be oral or written. The language must be in the Thai for local employees and in English for foreign workers.

Probationary Period

Thai employees are given up to 4 months of probationary period.  

Public and Provincial Holidays

Date Name Type
1 Jan New Year's Day National holiday
3 Jan New Year's Day observed National holiday
16 Feb Makha Bucha National holiday
6 Apr Chakri Day National holiday
13 Apr Songkran National holiday
14 Apr Songkran National holiday
15 Apr Songkran National holiday
1 May Labor Day Bank holiday
2 May Labor Day observed Bank holiday
4 May Coronation Day National holiday
13 May Royal Ploughing Ceremony Day (Tentative Date) National holiday
15 May Visakha Bucha National holiday
16 May Day off for Visakha Bucha National holiday
3 Jun Queen Suthida's Birthday National holiday
13 Jul Asalha Bucha National holiday
14 Jul Buddhist Lent Day National holiday
15 Jul Bridge Public holiday National holiday
28 Jul King Vajiralongkorn's Birthday National holiday
29 Jul Bridge Public holiday National holiday
12 Aug The Queen's Birthday National holiday
13 Oct Anniversary of the Death of King Bhumibol National holiday
14 Oct Bridge Public holiday National holiday
23 Oct Chulalongkorn Day National holiday
24 Oct Day off for Chulalongkorn Day National holiday
5 Dec King Bhumibol's Birthday/Father's Day National holiday
10 Dec Constitution Day National holiday
12 Dec Constitution Day observed National holiday
30 Dec Bridge Public holiday National holiday
31 Dec New Year's Eve National holiday

Payroll

Payroll Cycle

The payroll cycle in Thailand is usually monthly, depending on what is stated in the contract.

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Minimum Wage

The minimum wage varies per region, ranging from 313 THB to 336 THB.

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Overtime Pay

Click on the link below to get more details about overtime pay in Thailand.

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Health Examination Clause

Bonus

13th Month Pay:

The 13th-month pay is not mandatory in Thailand.

Employee Benefits:

In Thailand, employees are entitled to benefits that employers indicate in employment contracts. Below are some of them:

  • ~Workmen’s Compensation Fund
  • ~Medical Insurance
  • ~Group Life Insurance
  • ~Old age benefit
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Taxes

Employer Payroll Tax:

Category Contribution
Pension 3%
Health Insurance 1.5%
Unemployment 0.5%
Work Injury 0.2% - 1%

Employee Payroll Tax:

Category Contribution
Pension 3%
Health Insurance 1.5%
Unemployment 0.5%

Employee Income Tax:

Taxable Amount Tax rate
12,500 to 25,000 THB 5%
25,001 to 41,666.67 THB 10%
41,666.67 to 62,500 THB 20%
83,333.33 to 166,666.67 THB 25%
166,666.67 to 416,666.67 THB 30%
Above 416,666.67 35%

VAT

Thailand has a standard VAT of 7%.

Offboarding & Termination

Termination Process

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.

Notice Period

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.

Severance Pay

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

Visa and Immigration

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.

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