The Entrepreneurs' Tendency to Cope and Minimum Wage in the Future

Ponchai Berthaisong
Thailand
Pakkawat Narin
Thailand
Thanyarat Putthiphongchaicharn
Thailand
Sakon Phromsathit
Thailand
https://orcid.org/0000-0002-1114-1306
Keywords: Entrepreneurs' Coping; , Future Minimum Wage; , Trends
Published: Mar 18, 2021

Abstract

Minimum wage has been actively attracted by society, rote in concerns about the ability of workforce markets to achieve income equality. A qualitative study into documentary reviews to synthesize the trend of minimum wages as a guideline and preparation for the upcoming situation of entrepreneurs. Entrepreneurs' coping with future minimum wage trends of the impact on the industry found that the industry was most affected, because most of the companies were industrial, and labor-intensive, causing entrepreneurs to pay money to increase the wages of workers as reducing the cost of other products to increase the capital of the company's main strength products or increasing the selling price, also, the price hike is one way to consider heavily.   

Article Details

How to Cite

Berthaisong, P. ., Narin, P. ., Putthiphongchaicharn , T. . ., & Phromsathit, S. . (2021). The Entrepreneurs’ Tendency to Cope and Minimum Wage in the Future. International Journal of Sociologies and Anthropologies Science Reviews, 1(2), 23–36. https://doi.org/10.14456/jsasr.2021.8

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