Is there a minimum wage in Myanmar?

Does Myanmar have a minimum wage?

Due to legislative delays after the 2013 law was passed, the Myanmar government first set the minimum wage for an 8-hour work day at 3,600 kyats in 2015, though labor groups called for the government to set it at 5,600 kyats. …

What is the average wage in Myanmar?

Myanmar’s average annual income per capita is US$1,140 (S$1,516) and roughly 37 per cent of the country’s 51 million people live near or below the poverty line. But with wages lower than regional rivals Cambodia, Thailand and Vietnam, Myanmar wants to lure investors to its manufacturing sector.

Which country has no minimum wage?

Since each industry may require vastly different things from its employees, it makes sense the minimum wage varies from business to business. Five developed nations without legal minimum wage requirements are Sweden, Denmark, Iceland, Norway, and Switzerland.

Which country has a minimum wage?

Minimum Wage By Country 2021

Country Hourly Minimum Wage 2021 Population
United States $7.25 332,915,073
South Korea $6.84 51,305,186
Spain $5.83 46,745,216
Portugal $5.76 10,167,925

Which job is highest salary in Myanmar?

The best paid positions in Myanmar

  • IT Project Manager Information Technology. …
  • Pilot Transport, Haulage, Logistics. …
  • Sailor Transport, Haulage, Logistics. …
  • Judge Law & Legislation. …
  • Marketing Manager Management. …
  • Technical Manager Management. …
  • Business Development Manager Management. …
  • Senior Project Manager Management. 1,065,610 MMK.
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How much does it cost to live in Myanmar?

Summary: Family of four estimated monthly costs are 1,727$ without rent. A single person estimated monthly costs are 486$ without rent. Cost of living in Myanmar is, on average, 48.35% lower than in United States.

Cost of Living in Myanmar.

Restaurants Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 29.93$

How much do teachers make in Myanmar?

The average teacher salary for private schools in Myanmar is $1,500-$2,000 USD, while those volunteering will likely receive a living stipend to cover basic expenses. The cost of living in Myanmar is relatively inexpensive compared to high private school wages, with most teachers spending $750-$900 USD a month.

Which country pays highest salary?

Luxembourg is a tiny nation with a population of 632,000 but is one of the world’s wealthiest and highest-paying countries. Salaries of workers average about $68,000, which is the highest in the world. Like Switzerland, Luxembourg is landlocked, and most of its citizens speak at least two languages.

Which country is best for money?

Best Countries to work in and make a good income

  • China. …
  • Hong Kong. …
  • Turkey. …
  • Australia. …
  • Canada. …
  • France. …
  • United States of America. …
  • Switzerland. The financial services industry is a big employer in Switzerland and it’s well known as a high wealth centre.

Who has the lowest minimum wage in the world?

Cuba is the country with the world’s lowest minimum wage. On a monthly basis, an employee in Cuba receives the minimum wage of 225 Cuban pesos –equivalent to $9.

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