Wages in Indonesia 2024: What to Expect in the Labour Market
Introduction As Indonesia continues to navigate the complexities of a global economy impacted by various challenges, including the lingering effects of the COVID-19 pandemic and ongoing geopolitical tensions, the country’s labour market remains a focal point for economic resilience and growth. This article explores the expected 2024 trends for wages in Indonesia, considering factors such […]
Firing in Indonesia: Legal Considerations and Best Practices
Introduction Firing in Indonesia due to the extensive employee protections outlined in Indonesia’s Manpower Law No. 13 of 2003. Employers need clear and justifiable reasons for termination, such as gross misconduct, redundancy, or poor performance. Proper documentation and compliance with legal requirements are essential to minimise risks during the termination process. Statistics show that 6,640 […]
Hiring in Indonesia: Strategies for Successful Talent Acquisition
Introduction Indonesia, with its dynamic and growing economy, presents an attractive opportunity for employers and business owners looking to expand their operations. As the largest economy in Southeast Asia, Indonesia boasts a GDP of approximately USD326.52 billion in Q1 2024, with a robust annual growth rate of around 5%. The country currently has a workforce […]
Indonesia Statutory Updates for 2024
These are a few statutory updates that are effective in 2024 for Indonesia. Effective July 2024 New Law on Maternal and Child Welfare Law 4/2024 sets out several rights for working mothers, working fathers, and other general issues, including: the right to maternity leave: 3 months of maternity leave after giving birth, with up to […]
