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Minimum wage must increase but not too much: Hatta
Coordinating Economic Minister Hatta Rajasa said there was a need to increase workers' minimum wage, however, the rate of the increase must be realistic and benefitted all stakeholders
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oordinating Economic Minister Hatta Rajasa said there was a need to increase workers' minimum wage, however, the rate of the increase must be realistic and benefitted all stakeholders.
'We need to raise the minimum wage but it should not be too drastic,' Hatta said as quoted by Antara on Tuesday.
The minister said most labor unions had demanded around a 50 percent increase and according to him, this was unrealistic.
'Raising the minimum wage by 50 percent would shake companies and eventually lead to redundancies. This will not benefit anyone,' Hatta said.
