- Thailand introduces Employee Welfare Fund from October 1, 2025, under Labor Protection Act B.E. 2541 (1998).
- Employers and employees contribute 0.25% of wages from 2025 to 2030, increasing to 0.5% thereafter.
- Contributions due by the 15th of the following month, with late payments incurring a 5% monthly surcharge.
- Phased contribution rates balance employee welfare and employer capacity.
- Fund provides financial safety net for employees during termination, death, and critical situations.
- Employers with over ten employees must register unless already providing comparable benefits.
- Compliance requires accurate contribution calculation, deduction, and remittance.
- Fund enhances employee rights and financial security, promoting awareness of entitlements.
- Transition phase until 2030 allows employers to adjust systems and budgets.
