Indonesia caps minimum wage increase at 10% for 2023

Minimum wages across Indonesia will rise by a maximum of 10% next year. - AFP

JAKARTA (Bloomberg): Indonesia announced a minimum wage increase for 2023 that was smaller than labour unions had demanded, risking protests by workers.

Minimum wages across Indonesia will rise by a maximum of 10% next year, the Ministry of Manpower said, as it set a new formula for computing the increase. Provinces will have until Nov 28 and cities until Dec 7 to decide minimum wage levels that will come into force on Jan. 1.