Minimum wage a tricky issue


By JOY LEE

According to Dr Yeah Kim Leng, professor of economics at Sunway University Business School, the RM1,500 rate may come across as a jarring increase for employers, particularly given that small and medium enterprises are not in a financially healthy position coming out of the pandemic.

PETALING JAYA: The debate on minimum wages has heated up again amidst rising prices of goods and the emergence of businesses from the recession.

On one end, the Malaysian Trades Union Congress has urged the government to accelerate the implementation of the minimum wage at RM1,500 to help workers cope with their rising household expenditures.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Minimum wage , eah Kim Leng , right time , FMM , Saravanan ,

   

Next In Business News

U.S. job growth accelerates in January, wage gains moderate
Malaysia poised to become automotive hub for Asean market: Tengku Zafrul
Proton sales up 162% YoY in Jan 2023
F&N's net profit for 1Q jumps to RM198.79mil on better beverage sales, exports from Malaysia
SDP’s palm oil imports to United States given the greenlight
Ringgit ends trading week lower
IJM names Lee Chun Fai as group CEO & MD
FBM KLCI claws back to positive territory
Turkey inflation higher than expected at nearly 58%
AirAsia X plans to add more flights to Busan by year-end

Others Also Read