THE Malaysian Employers Federation (MEF) hails the government’s decision to extend the wage subsidy programme as a positive move towards avoiding massive retrenchments and stabilising the labour market (“PM announces ‘Kita Prihatin’ wage subsidy scheme”, The Star, Sept 23; online at bit.ly/star_wages).
The first phase of the wage subsidy programme was initially intended to end on Sept 30. The government’s latest RM10bil stimulus package gives employers and employees much needed relief with another three months of financial assistance until December.