Does Indonesia have low Labour costs?

Does Indonesia have minimum wage?

Indonesia has a government-mandated minimum wage, and no worker in Indonesia can be paid less then this mandatory minimum rate of pay. Employers in Indonesia who fail to pay the Minimum Wage may be subject to punishment by Indonesia’s government.

What is the minimum hourly wage in Indonesia?

The minimum wage is based on 40 hours of work per week and can either be; 7 hours per day and 40 hours per week for 6 days of work per week.

UMP Indonesia 2021 – Provincial Minimum Wage.

Provinces in Indonesia Minimum salary 2021
1. Bali Rp 2,494,000
2. Jakarta * Rp 4,416,186
3. Aceh Rp 3,165,030

Can I just move to Indonesia?

Apply For A Visa/Permit. Applying for and acquiring a visa to Indonesia is a simple process, except for work visas, which are quite difficult to obtain. Expats can obtain several types of visas that dictate how long they can stay in the country and how much they pay for them.

What salary is good in Indonesia?

People working in Indonesia make an average gross salary of $13,436 a year, $1,120/month, and $6.46 an hour. These numbers differ between cities, industries, and job titles.

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How much money do people in Bali make?

Average Local Salary: The minimum wage salary for a local in Bali is about $140 per month; those in high paying jobs bring home around $500 per month. Visas: The most common visa for Bali is a paid tourist visa ($35), which lasts for 30 days and you can pay to extend it to 60 days.

What is the average hourly wage in Bali?

What is the average salary in Bali? Well, the average annual salary, including transport, housing, and other benefits, is 160,046,778 IDR ($11,165)/yr or 13,345,000 IDR ($931)/month for salaried jobs. Those who work hourly jobs can expect about 76,946 IDR ($5.36)/hr.

What is the minimum wage in Jakarta Indonesia?

4.Wage scale and structure

PROVINCES MONTHLY REGIONAL MINIMUM WAGES 2017 (IDR) MONTHLY REGIONAL MINIMUM WAGES 2017 (USD)
Sumatera Selatan 2,388,000 179.5
Lampung 1,908,447 143.5
Banten 2,127,113 – 3,331,998 159.9 – 250.2
DKI Jakarta 3,355,750 252.3

What is the minimum wage in China?

In 2020, the minimum hourly wage in Beijing was the highest in China at 24 yuan per hour.

Minimum wage per hour in China as of March 2020, by region (in yuan per hour)

Characteristic Minimum level Maximum level
Guizhou 16.5 18.6
Fujian 15 18.5
Shanxi 15.2 18.5

Is $15 an hour a livable wage?

Despite making more than double the federal minimum wage, families relying on $15 an hour wouldn’t make enough to cover necessities such as food, rent and health care.

What is total labor cost?

Total labor cost is the aggregate cost of the hours worked by all employees, plus all related payroll taxes and benefits. This amount is used in the budgeting of financial results for a business. Total labor cost is comprised of a number of line items, which include the following: … Payroll taxes.

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