Overtime pay in Malaysia is regulated under the Employment Act 1955, ensuring fair compensation for employees working beyond regular hours. This guide covers the legal requirements, who qualifies for overtime, and how to calculate payments accurately.

Salary and wage are common payment methods, but they serve different needs. A salary provides consistent monthly income and benefits, ideal for full-time roles like teaching, IT, or finance. In contrast, a wage pays based on hours worked, offering flexibility and overtime pay, often seen in part-time or hourly jobs like retail or hospitality.

Explore how salaries are calculated in Malaysia with our guide to pay rates. Learn about ordinary pay, overtime rates, and special rates for rest days and public holidays under the Employment Act 1955.

Explore the top 10 highest-paying companies in Malaysia for 2023. Discover average salaries, job opportunities, and where to apply for a rewarding career.