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RimbunNEWS - Indonesia Minimum Wage (UMR)

26 Feb 2014 / / News

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“After continuous protests demanding for a higher minimum wage; per November 2013, 28 Indonesian provinces have confirmed their new provincial minimum wage for the year 2014.”

 

 

Minimum Wage Indonesia (UMR)

(1 USD = Rp. 11,628,-) - February 2014

No Provinces  Indonesia Rupiah  USD
1 DKI Jakarta       2,441,000 $210
2 Sulawesi Utara  1,900,000 $163
3 Papua  1,900,000 $163
4 Kalimantan Timur       1,886,315 $162
5 Papua Barat       1,870,000 $161
6 Sumatera Selatan       1,825,600 $157
7 Sulawesi Selatan       1,800,000 $155
8 Nangroe Aceh Darussalam       1,750,000 $150
9 Kalimantan Tengah       1,723,970 $148
10 Riau    1,700,000 $146
11 Kepri   1,665,000 $143
12 Bangka Belitung       1,640,000 $141
13 Kalimantan Selatan       1,620,000 $139
14 Bali  1,542,600 $133
15 Sumatera Utara       1,505,850 $130
16 Jambi   1,502,230 $129
17 Sumatera Barat       1,490,000 $128
18 Maluku Utara       1,440,746 $124
19 Maluku  1,415,000 $122
20 Sulawesi Tenggara  1,400,000 $120
21 Sulawesi Barat       1,400,000 $120
22 Kalimantan Barat       1,380,000 $119
23 Bengkulu  1,350,000 $116
24 Banten    1,325,000 $114
25 Gorontalo  1,325,000 $114
26 Sulawesi Tengah       1,250,000 $107
27 NTB   1,210,000 $104
28 NTT  1,150,000 $99

Source: Wikipedia

 

 

With worsening financial fundamental in year 2013, that results in weakened Rupiah to 12,500 rupiah per US dollar at the end of 2013, compared to 9,500 rupiah at the end of 2012.  World Bank predicted that Indonesia would have an even slower GDP growth at 5.3% compare to 5.6% in year 2013.

 

This will impact the job market and we predict a slow growth of employment rate in 2014, as companies will still be cautious in their hiring plan.

Contributor

Debby Lim (Consultant)

debby@rimbunjob.com