Abstract:
The purposes of this research were to study the impacts of minimum-daily-wage in compensation management on hotel business in Mueang District, Chiang Rai Province through compensation factor. The research samplings were 15 medium size hotel enterprises in Mueang District, Chiang Rai Province. The research instrument was a structured interview based on Mondys viewpoints called Direct Financial Compensation including (1) Organization (2) Labor Market (3) Job (4) Employee. Content analysis was used for qualitative interpretation.
The findings revealed the impacts of minimum daily wage in organization, in which the majority of hotel enterprise adjusted the minimum wage by the law; and this increased wages effected on the cost of labor and cost competitiveness. Even if the recession occurs, it is very difficult to operate their enterprise, except the hotel business has to lay-off, increase work quantity or increase working hours.
The minimum daily wage has very few impacts in the labor market as the hotel association established wages rate and each hotel will pay in equal wage. There is no scramble employees problem. However, some Myanmar workers bargained wage but their qualification did not meet the requirements compared to Thai workers. The economic is in recession with cost increase; the entrepreneurs take measures to conserve water, save energy, no overtime pay on holidays and no hiring additional staffs.
The impacts of minimum daily wage in job: when the labor costs rose, the enterprise will be rigorous in work determining to the consideration paid such as work quality, responsibility, work focus, steadiness and competency.
The impacts of minimum daily wage in employees: when the enterprise increased wage, they have to assign more qualifications, payment criteria which emphasized on quality of work, and comprehensive assessment. Moreover, the entrepreneurs adjust wage payments methods which are indirect financial compensation such as special allowance, commission and special occasion pay.