Salaries in Malaysian companies likely to see 5.0% rise in 2024 - WTW


KUALA LUMPUR: Companies in Malaysia continue to project an overall salary rise of 5.0 per cent in 2024 for executives, management and professional employees, and support staff, according to a survey.

The survey on compensations, done by global advisory, broking and solutions company WTW, noted that although the projected salary increase this year was slightly lower than the 5.6 per cent in 2023, the average salary increase continues to rise steadily in the last few years.

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WTW , salary , inflationary pressures , Gen Z

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