Economic Outlook: Wage council to be strengthened


KUALA LUMPUR: The National Wages Consultative Council's role will be strengthened, including through benchmarking against similar organisations overseas, to provide a more holistic wage ecosystem and lessen disparities.

According to the Economic Outlook 2025 report released by the Finance Ministry on Friday (Oct 18), the Fair Work Commission in Australia and the National Wage Council in Singapore are examples of organisations that may be used as benchmarks.

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