MEF says longer grace period needed to implement minimum wage


  • Business
  • Wednesday, 02 May 2012

PETALING JAYA: The Malaysian Employers Federation feels that the minimum wage implementation for the private sector needs a longer grace period for employers to make the necessary adjustments in balancing the extra labour cost to be in line with productivity level.

Its executive director Shamsuddin Bardan said the minimum wages of RM900 per month for employees in the peninsula and RM800 per month for employees Sabah, Sarawak as well as the Federal Territory of Labuan would be quite challenging for employers to comply with as the grace period was too short.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Ringgit has been unfortunate, unfairly assessed vs US dollar -BNM
Wall St set for muted open as weak earnings offset jobless claims relief
Creador’s Brahmal emerges as substantial shareholder of MCE Holdings
US weekly jobless claims increase more than expected
AmBank launches revamped AmOnline mobile banking
Pentamaster to prioritise sustainability
Kerjaya Prospek Property to jointly develop Batu Kawan land for proposed mixed development
Ringgit almost unchanged against greenback at the close
Malaysia to retain lead in Asia-Pacific Islamic banking market - S&P Global
Supermax buys remaining 33% stake in SHCI for RM18.96mil

Others Also Read