According to Watson Wyatt, a human resources consulting company of the US, the labor turnover rate of the textile industry in Thailand is expected to be 19.7% and the salary rise rate to be 5.7% in 2008.

It expects the average labor turnover rate for all industries in Thailand to be 11.8% in 2008 and industries which will have higher turnover rates are textiles (19.7%), real estate (18.2%) and communications (16.7%) and lower rates are expected for finance (6.5%), petrochemicals (4.8%) and automobiles (3.9%).

It anticipates the salary rise rate in 2008 to decrease to an average of 6.1%, down by 0.2 of a point from the previous year, and to be 5.7% for textiles, 7% for petrochemicals, 7% for real estate, 6.1% for finance and 5% for steel.