Malaysia's Minimum Wage Increased to RM1,700
Key Highlights
4.37 million workers in Malaysia will now receive a minimum monthly wage of RM1,700
The wage increase applies to employers with five or more workers and professional sector employers, regardless of workforce size
Businesses with...
Addressing the Wage Gap: A Call to Action
The Issue at Hand
Immediate action must be taken to address the wage gap between male and female graduates in Malaysia, said Women, Family and Community Development Minister Datuk Seri Nancy Shukri. This...
Government's Proposal to Introduce Employees Provident Fund (EPF) Contribution for Foreign Workers
Finance Minister II Amir Hamzah Azizan recently spoke at the ESG and Sustainability Conference 2024, where he discussed the government's proposal to introduce Employees Provident Fund (EPF) contribution...
MEF Calls on Private Sector to Review Vendor Contracts Amid Increased Minimum Wage
The Malaysian Employers Federation (MEF) has urged the private sector to review their contracts with vendors to account for the higher costs imposed by the new minimum...
Economic Implications of Minimum Wage Increase: A Balancing Act
The Need for Close Monitoring
The government has recently announced a minimum wage of RM1,700 per month, effective February 2025, with enforcement for employers with fewer than five employees postponed until August...
Minimum Wage Hike: MPs Debate Pros and Cons
The Malaysian government's decision to raise the minimum wage from RM1,500 to RM1,700 was the focus of a heated debate among government and opposition Members of Parliament (MPs) in the Dewan Rakyat...
Minimum Wage Increase: Fact vs Fiction
PETALING JAYA: The Sarawak Bank Employees' Union (SBEU) has expressed its disappointment at the recent "fear mongering" by some groups over the implementation of the new minimum wage policy.
Challenging the Misconceptions
The union's CEO, Andrew...
