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Business 27 Nov 2012 | 12:00 AM

Minimum wages lift salary levels of non-executives

KUALA LUMPUR: Rank and file employees will be the major benefactors in anticipation of the implementation of the National Minimum Wage, according to the Malaysian Employers Federation (MEF).

Business 01 Sep 2012 | 12:00 AM

How to cope with retrenchment

GETTING retrenched can be a painful experience for everyone. But by no means is it the end of the world, as some people might perceive the situation to be.

Business 12 Jun 2012 | 12:00 AM

Govt yet to decide on unemployment insurance scheme

The government has yet to decide on an unemployment insurance scheme as the feasibility study is still ongoing, said the Minister of International Trade and Industry and the Minister of Human Resources.

Business 02 May 2012 | 12:00 AM

MEF says longer grace period needed to implement minimum wage

PETALING JAYA: The Malaysian Employers Federation feels that the minimum wage implementation for the private sector needs a longer grace period for employers to make the necessary adjustments in balancing the extra labour cost to be in line with productivity level.

Business 17 Mar 2012 | 12:00 AM

Prospects for retirees

WITH Malaysia in the final stages of drafting a new law to increase the retirement age in the private sector from 55 to 60, retirees can look forward to the opportunity of working longer and earning more money.

Business 17 Mar 2012 | 12:00 AM

Pushing back the retirement age

THE debate swirling around the Government’s intention to officially set the private sector’s retirement age at 60 raises a number of questions, none of which are new.

Business 05 Nov 2011 | 12:00 AM

Will EPF laws change in tandem with that of the retirement age?

THE idea of raising the retirement age has generally been welcomed by a large number of Malaysians but some do wonder what will happen to their retirement savings.

Business 28 Sep 2011 | 12:00 AM

Retirement plan needed for Malaysians

BESIDES the proposal to increase the retirement age for the private sector, the Government should also come up with measures to overcome the problem of inadequate retirement savings. Among the ideas being talked about is a workable annuity scheme.

Business 10 Sep 2011 | 12:00 AM

Safeguards for the working class

The Government is getting ready to implement minimum wage by year-end. There are reactions for and against the initiative. StarBizWeek contacted some key players in the working sector and analysts for their comments.

Business 10 Sep 2011 | 12:00 AM

Can minimum wage act attract more local talent for low-paying jobs?

Guntur, 39, is an Indonesian national who toils six days a week from 8am to 7pm at a saw mill factory in Kuala Selangor earning RM800 a month.