In Malaysia, minimum wages and industry salary guides play a key role in shaping employment practices and ensuring fair compensation for workers. This article provides a straightforward overview of these aspects, offering clarity to both employers and employees navigating the Malaysian job market.

Prime Minister Anwar urges companies to provide allowances for interns, emphasizing fair treatment and attracting top talent. Discover the benefits of intern allowances for productivity, engagement, and long-term relationships.

Employers with fewer than five employees will need to begin paying the new RM1,500 minimum wage from July 2023 instead of the scheduled January 1, 2023. 

When an individual is demoted, their rank or position in the company has been lowered. On the other hand, a pay cut refers to a reduction in a worker's salary. This often happens to a worker being demoted or even to employees in the same position or rank in the organization. 

'Firing' an employee is never easy. Nevertheless, every company in Malaysia needs to be aware of the several laws that preside over the procedure, such as the Labour Relations Act (LRA) 1967 and the Employment Act 1955, as well as contract and case laws. 

How to make your employees happy? Pay them more. What about retaining high-performing employees? Say it with me: Pay them more. 

Consider your request. Even with thorough preparation, asking for a raise is difficult. It's possible that you could have phrased your request more effectively or timed it better. Take into account how you made the request, and remember that some of the most frequent reasons major corporations decline to raise demands may have nothing to do with your performance.

Many employees are uncomfortable with salary discussions. According to a salary study conducted by job hunt and careers company Zippia, even though only 45% of employees feel adequately compensated, 50% are uncomfortable discussing paychecks in the workplace. Furthermore, those open to discussing their pay with coworkers are more likely to expect a significant raise.

Most people are apprehensive about discussing money with anyone, let alone their boss. However, it is critical to learn how to start negotiating a salary. You are less likely to be paid fairly if you never request a raise.

In 2023, Malaysian employees can anticipate a pay raise, yet it is still being determined if it will reach pre-pandemic rates or have a sufficiently positive effect.