Kebijakan, Dampak, Prospek dan Tantangan Upah Minimum di Banyumas
This article describes the minimum wage in Banyumas, including historical developments, policies, impacts on workers and the business world, prospects and challenges, and conclusions. The highest increase was 18.52% (2016) and the lowest was 3.55% (a figure below the inflation rate of 6.5% in 2021). The increase in the minimum wage from 2005 until now was both at the same time during the period of the regent Ir. H. Achmad Husein . The current economic and labor market conditions in Banyumas require a balanced and effective minimum wage system to exist. In general, economic conditions and the job market in Banyumas in 2022 can be said to be stable with a number of things that need great attention, namely the relatively high unemployment rate, and the job market that needs to be improved. The banyumas minimum wage increase of 6.99% or IDR 148,123 compared to 2021 has not had a significant impact on workers' welfare. The impact of the increase in the minimum wage for employers may feel that there is no significant additional burden due to the increase in the minimum wage in Banyumas. So that it can be said that there is no significant balance between workers' wages on the workers' side and business competitiveness from the employer's side. The government and society can work together to ensure that the minimum wage in Banyumas continues to grow and fulfill its goals of increasing workers' living standards and providing protection for them going forward.