Indonesian Political, Business & Finance News

Wage increase for independence

| Source: JP

Wage increase for independence

JAKARTA (JP): PT Tensia manufacturing Indonesia, a foreign
investment company, has decided to raise the wages of its 350
workers 2.5 to 10 percent next month.

Pangestu Hartono, an executive of the company which deals with
the services in the manufacture of cosmetic products, said
yesterday that the wage increase will be conducted on a sliding
scale basis in which those with the highest level of salaries get
the least increase.

"The wage increase was announced at a flag hoisting ceremony
at the company's complex on Jl. Raya Jakarta Bogor in East
Jakarta on Aug. 17," Pangestu said.

The increase is conducted in conjunction with the
commemoration of the 50th anniversary of Indonesia's
independence. (hhr)

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