
Malaysia Workers Expected to See 2.8% Wage Increase in 2022
According to Salary Trends Report 2021/2022, Malaysian employees are expected to see a real wage increase of 2.8% next year, up from a 1.5% growth in 2021.
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According to Salary Trends Report 2021/2022, Malaysian employees are expected to see a real wage increase of 2.8% next year, up from a 1.5% growth in 2021.
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According to an economist, increasing the minimum wage for workers now could be "tricky," as it depends on living costs and the economy's recovery, which was slowed by the pandemic.
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Deputy HR Minister Datuk Awang Hashim said that the report on the minimum wage review would be completed by the end of 2021 and presented its study by early 2022.
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Malaysia is experiencing higher-than-usual turnover rates mainly due to employees' dissatisfaction with wages and benefits, and a lack of career progression opportunities.
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The National Wage Legislative Technical Committee (JTPGN) is investigating and refining all the findings from the minimum wage review.
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The NSC allows Human Resources or Finance staff from the non-essential economic and service sectors to enter the workplace for the payroll process during the total lockdown period.
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The Malaysian Employers Federation has appealed to the Prime Minister to delay the minimum wage review, which is due in February 2022.
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Recently, Prime Minister Tan Sri Muhyiddin Yassin said that he would review the national minimum wage in his Labour Day speech.
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Eight employees who were victims of their company's false claims for the wage subsidy program received their money of RM7,780 yesterday.
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A state-owned institution has reinstated its employees' 50% salary cut. The college staff are now pleading to the Sabah state government to step in and assist.
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