Institute for Economic and Social Research – Faculty of Economics and Business – Universitas Indonesia

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Penentuan Upah Minimum Tahun 2024 (Labor Market Brief, Oct 2023)

Monday October 30th, 2023

Towards the final quarter of 2023, the issue of determining the minimum wage in 2024 has become one of the interesting issues discussed. Minimum wage does not only affect employers, the determination of the minimum wage will more or less impact people’s or workers’ income in the coming year. To capture aspirations from various stakeholders, the National Wages Council carried out aspirations absorption activities to receive input regarding PP No. 36 of 2021 concerning Wages.

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