Kebaikan Productivity Linked Wage System Plws

The economic outlook 2020 report eor 2020 highlights that the adoption of the productivity linked wage system plws remains low in the country.

Kebaikan productivity linked wage system plws. Www msn de plws theory 2 3. Productivity linked wage system plws rationale rasional a flexible and competitive wage system will enable companies to make quick adjustment on wages that will ensure job stability and reduces the likelihood of retrenchment in the event of an economic slowdown. The system will ensure that wage increases proportionate with higher productivity thus enhancing competitiveness at the company. Phase 1 creating conducive environment phase 2 establishing plws system phase 3 implementing plws system plws model start 1.

The implementation of the productivity linked wage system plws is expected to benefit both employers and employees and ensure that both sides obtain a fair share of the gains from productivity or performance improvement says the finance ministry. Seminar workshop on productivity linked wage system plws dialogtripartite discussion panel 28. This dynamic compensation system will directly reflect the company and individual performance to ensure organisation sustainability and individual motivation. In its economic outlook 2020 report released today the ministry said the plws would.

Productivity linked wage system the theory in plws 2. Create awareness on plws among management team 2.