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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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!

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

   

Next In Business News

Eupe fourth-quarter profit rises 29%
Meta projects higher spending, weaker revenue
Buyout proposal for Anglo American could reshape copper market
YTL undervalued despite surge in share price
A test bed for airline subscription model
Pantech seeks to list steel pipe units
AI memory boom propels SK Hynix’s numbers
Battery stocks’ rally in India likely to extend
Congo accuses Apple of using ‘blood minerals’ from war-torn east
Higher earnings for Pavilion-REIT

Others Also Read