Reducing the remuneration gap in GLCs


AN out-of-sync announcement during the recaliberated budget speech in January this year is a small part of the widening remuneration gap between the top executives and the lower-paid employees in government-linked companies (GLCs).

Prime Minister Datuk Seri Najib Tun Razak called on GLCs to implement initiatives to narrow the income gap between higher management and employees gradually. And he reminded them that these efforts would be monitored by the Economic Planning Unit.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , najib glc

Next In Business News

Trading ideas: Crest Builder, EMCC, Yinson, Betamek, SSBB, George Kent, Kim Loong, AME Elite, Coastal Contracts, MNHB, Citaglobal
K-beauty tech revolution more than skin-deep
George Kent wins RM34.5mil LRT contract
Fifth straight week of buying by local institutions
Beshom focuses on cost control amid earnings dip
Vietnam’s wood processing industry targets US$15bil exports
More contract wins in the pipeline for SunCon
Shein ambitions survive French store uproar
Paramount eyes 10% ROE on asset optimisation
Fitch pushes Gabon’s rating deeper into junk

Others Also Read