2017 Aceh Province Has Highest Minimum Wage Increase

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07/12/2016 11:55 WIB

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2017 Provincial Minimum Wage (UMP) Increase: Highest Ever

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2017 Provincial Minimum Wage (UMP) Increase: Highest Ever

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Aceh Province recorded the highest increase in its 2017 minimum provincial wage (UMP). The Aceh Provincial Government set an 18 percent increase in the 2017 UMP to Rp 2,500,000 from Rp 2,118,500 per month in the previous year. This figure is significantly higher than the government-mandated minimum wage increase of 8.25 percent and also exceeds the average UMP increase of 8.91 percent across the 34 provinces.

The highest 2017 UMP was recorded in DKI Jakarta Province, at Rp 3,355,750 per month, while the lowest UMP was in Yogyakarta, at Rp 1,337,645 per month.

Basis for calculating the 2017 UMP increase: UMP 2016 x (inflation + economic growth). Based on data from the Central Statistics Agency (Badan Pusat Statistik), national inflation was 3.07 percent (YoY) and economic growth was 5.18 percent. Therefore, the 2017 UMP value = UMP 2016 + (UMP 2016 x (3.07 + 5.18)).

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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2017 Aceh Province Has Highest Minimum Wage Increase

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