Minimum Wage Malaysia 2018

Pakatan harapan had pledged in its 2018 election manifesto to implement a minimum wage set at rm1 500 monthly.

Minimum wage malaysia 2018. The living wage rates are usually higher than the minimum wage rate. In malaysia the bottom 40 of households. Minimum wages in malaysia increased to 1200 myr month in 2020 from 1100 myr month in 2019. 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 workers paid at the hourly rate.

The prime minister s department said in a statement on wednesday that the. The human resources ministry will announce a new minimum wage in 2018 to bridge the income gap between peninsular malaysia and east malaysia. Malaysia to introduce new minimum wage by 2018 to bridge income gaps between east and west reuters in light of pleas made by east malaysians to address the high costs of living the malaysian human resource ministry announced on oct 12 that a new minimum wage is set to be finalised by mid 2018. Living wage series malaysia january 2018 in malaysian ringgit per month living wages wages in context malaysia the living wage is based on the concept that work should provide an adequate income to cover the necessary living costs of a family.

Under order 3 of the minimum wages order 2018 it stipulates that the minimum wage for daily rated workers working 6 days a week is rm42 31 per day or rm1 100 a month for monthly rated workers across malaysia the minimum wage. This page provides malaysia minimum wages actual values historical data forecast chart statistics economic calendar and news. Malaysia will have a uniformed minimum wage of rm1 050 per month or rm5 05 per hour starting next year. All workers field or general workers and harvesters.

Minimum wages in malaysia averaged 1000 myr month from 2013 until 2020 reaching an all time high of 1200 myr month in 2020 and a record low of 900 myr month in 2014. Malaysia new minimum wage in 2018. The current minimum wage is rm1 000 in peninsular malaysia and rm920 in sarawak and sabah. Living wage ihs markit 2017.

Human resources minister datuk seri dr. 31 october 2017.