Why are wages so low in Indonesia?

Why is Indonesia salary so low?

Wages are so low in Indonesia because that keeps the unemployment rate low. This in turn prevents a whole raft of social problems caused by high unemployment.

What is considered a good salary in Indonesia?

According to the report, if you are a business development manager at an oil and gas company, you can expect to earn somewhere between Rp. 50 million (US$3,750) and Rp. 100 million (US$7,500) per month in salary. In Indonesia, this is considered a great income.

What is the average monthly salary in Indonesia?

A person working in Indonesia typically earns around 12,100,000 IDR per month. Salaries range from 3,070,000 IDR (lowest average) to 54,200,000 IDR (highest average, actual maximum salary is higher). This is the average monthly salary including housing, transport, and other benefits.

How much does the average Indonesian earn?

Average Salary / Indonesia. Average salary in Indonesia is 394,306,067 IDR per year. The most typical earning is 97,177,850 IDR. All data are based on 1,946 salary surveys.

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What is the minimum salary in USA?

This results in almost 90% of U.S. minimum wage workers earning more than $7.25. The effective nationwide minimum wage (the wage that the average minimum wage worker earns) is $11.80 as of May 2019.

Economists.

City Effective minimum wage
United States $7.25
San Francisco $7.03
Chicago $7.01
Boston $6.59

What is the minimum salary in Indonesia?

Minimum Wages in Indonesia is expected to reach 4.42 IDR Million/Month by the end of 2021, according to Trading Economics global macro models and analysts expectations.

How much does it cost to live in Indonesia for a month?

According to a survey, the cost of living in Indonesia for a single person averages at Rp 13,415,843 (about $900) a month. While a family of four may need up to Rp 29,846,962 (about $2,000) to live comfortably. These amounts, however, tend to vary all throughout the country.

What jobs do people have in Indonesia?

  • Teacher. Being a teacher is one noble job in the world. …
  • Bank Employees. Of course, to get a high salary a.k.a money, one should work where the money keeps circulating. …
  • Government Employees. …
  • Marketing. …
  • Indonesian Migrant Workers. …
  • IT. …
  • Journalist. …
  • Accountant.

How much money do you need to live comfortably in Bali?

Expect to spend $720 to $2,600 per month for a single person living in Bali—families and couples sharing rental costs will save quite a bit. And it’s possible to spend significantly more on a higher-end lifestyle.

Cost of Living in Bali: $720 to $2,600.

Average Monthly Expenses Costs
Total $720 to $2,590
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Is Indonesia cheaper than India?

India is 33% cheaper than Indonesia.

How much do Bali workers get paid?

The minimum wage is based on 40 hours of work per week and can either be; 7 hours per day and 40 hours per week for 6 days of work per week.

UMP Indonesia 2021 – Provincial Minimum Wage.

Provinces in Indonesia Minimum salary 2021
1. Bali Rp 2,494,000
2. Jakarta * Rp 4,416,186
3. Aceh Rp 3,165,030
4. Banten Rp 2,460,968

How much is a good wage per year?

The median necessary living wage across the entire US is $67,690. The state with the lowest annual living wage is Mississippi, with $58,321. The state with the highest living wage is Hawaii, with $136,437.

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