Good News For Workers In Malaysia As HR Ministry Set To Rise Minimum Wage To RM1,500
The new minimum wage will be implemented in stages within the next two months.
In line with Pakatan Harapan's GE14 manifesto, a new minimum wage will be implemented in the next two months confirmed Human Resources Minister M. Kulagesaran on Thursday, 19 July
According to New Straits Times, the minister said that the National Wage Consultative Council (MPGN) completed its review on the matter and will be submitting its findings to the government soon.
"If there is no hindrance, the new minimum wage order will be gazetted in one or two months," he said.
A minimum salary of RM1,500 will be standardised nationwide and will be put into action in stages
The minister said that some factors will be taken into consideration including the socio-economy factor like the consumer price index, productivity growth rate, employers' capability in salary payment, unemployment rate, and poverty threshold income.
"Apart from that, views from all quarters through a tactful approach that balances the interests of employers, workers and the government will also be put into consideration," he said, adding that the minimum wage will also be reviewed every two years.
In addition, Kulagesaran said that the new rate would not differentiate workers based on their nationalities
The minister said that government's view on both the local and foreign workforce would be based on several aspects including the Equal Remuneration Convention (No 100), which states that "the minimum wage policies must not discriminate workers based on their nationalities."