Minister for Labour and committee chair U Aye Myint declined to confirm the amount. He told The Myanmar Times that the minimum wage might be set between K3200 and K4000 and that the exact figure would be officially announced over the next days.
The working hours set for the employees are 44 hours a week while overtime will be 22 hours per week.
Workers' strike demanding for raising basic monthly pay to at least 20,000 kyats (60.24 U.S.dollars) and overtime wage as well as non-deduction of pay for leave lasted for nearly a month.
36,810 strikers from about 57 factories, mostly in Yangon, staged labor strikes during May.
There have been 25 labour organizations formed under the Labor Organization Law which comprise one Labour Federation, 10 Basic Employers Organizations and 14 Basic Labour Organizations.