Indonesia: A Look at 2023 Minimum Wage Regulation
Effective as of January 1, 2023, the minimum wage of employees in Indonesia will increase by a maximum of 10 percent, according to the newly issued Minister of Manpower Regulation No. 18 Year 2022, dated November 17, 2022, regarding the Setting of Minimum Wage in 2023 (“MOM No. 18”). Minimum wage means the lowest monthly … Indonesia: A Look at 2023 Minimum Wage Regulation