Minimum Salary In Malaysia 2018

Salary of a diploma graduate is only about rm350 above the minimum wage.

Minimum salary in malaysia 2018. Meanwhile finance directors can expect an annual salary of rm300k rm456k for mncs and rm240k rm300k for smes. The lowest minimum wage rate was in 2014 at rm 900. Real wage of low skilled worker. Real wage of high skilled worker.

The minimum wages order amendment 2018 came into effect on jan 1 2019 providing for a minimum wage set at rm1 100 per month or at rm5 29 per hour for those workers paid at the hourly rate. The minimum wage in malaysia was announced in october 2010 and is currently at an all time high at rm 1000. Living wage typical family. Minimum wages in malaysia is expected to reach 1200 00 myr month by the end of 2020 according to trading economics global macro models and analysts expectations.

Presently the minimum wage is set at rm1 000 monthly for peninsular malaysia and rm920 for sabah and sarawak. The minimum wage was last revised on 1 july 2016. Real wage of medium skilled worker. In the long term the malaysia minimum monthly wages is projected to trend around 1200 00 myr month in 2021 and 1300 00 myr month in 2022 according to our econometric models.

In order to push for the acceptance of a living wage in malaysia. Malaysia will have a uniformed minimum wage of rm1 050 per month or rm5 05 per hour starting next year. The prime minister s department said in a statement on wednesday that the. Described 2018 as a bad year for.

Riot however said the government was able to narrow down the income gap in the last two wage reviews. In the first review the salary difference was rm100 where private sector workers in east malaysia was paid rm800 while those in west malaysia were paid rm900. Currently the minimum monthly wage for employees in peninsular malaysia is rm1 000 00 a month whereas for employees in sabah sarawak and labuan it is rm920 00 a month. Living wage single adult.