Ensuring Compliance with Indonesia’s 2025 Minimum Wage Regulation: Legal Perspective for Businesses
The Ministry of Manpower’s Regulation Number 16 of 2024 concerning the Determination of the 2025 Minimum Wage mandates a 6.5% increase in Indonesia’s 2025 minimum wage, impacting businesses significantly. While promoting fair compensation, this poses challenges, particularly for labor-intensive sectors. Compliance is crucial, as paying below the minimum wage may lead to severe penalties under…