It found that global real wage growth fluctuated between 1.6 and 2.2 per cent. In the Asia-Pacific region, the real minimum wages increased in 22 countries and decreased in eight. In the Asia Pacific, Bangladesh is one of the few examples where minimum wages are set entirely according to industry. In 20 countries in the region the growth of real minimum wages kept pace with or exceeded labour productivity growth; whereas in 10 countries the growth of real minimum wages was lower than that. As of 2020, around 18 per cent of the countries with statutory minimum wages exclude agricultural workers, domestic workers or both categories from minimum wage regulations.

Source: Dhaka Tribune December 02, 2020 18:56 UTC