Minimum Wage Malaysia 2019 Rm1100

The minimum wage was previously set at rm920 but was increased to rm1 100 and implemented.

Minimum wage malaysia 2019 rm1100. Effective 1 january 2019 the entire malaysia will have the same minimum wage. Kuala lumpur nov 2 after workers protested against the minimum wage quantum set at rm1 050 monthly the government today raised it to rm1 100 starting january 1 next year. Kuala lumpur dec 24 the minimum wage increase of rm100 to rm1 200 effective january 1 in 57 cities and towns from rm1 100 currently is reasonable and will not cause any significant impairment to the bottom line of employers. The current minimum wage is rm1 000 in peninsular malaysia and rm920 in sarawak and sabah.

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. This page provides malaysia minimum wages actual values historical data forecast chart statistics economic calendar and news. It may not seem too bad at first glance until you realize that the most recent minimum pay in malaysia is rm1 100 which is a rm50 rise from the previous minimum wage set a few months ago. Kuala lumpur nov 2.

Read our previous article about the minimum wage here. Malaysian government has decided to raise the minimum monthly wage quantum from set from rm1 050 to rm1 100 starting january 1 next year. Finance minister lim guan eng in his budget speech 2019 in parliament today said new minimum wage nationwide will be set at rm1 100 which is rm50 more than the initial policy effective jan 1 next year. From our past article on the matter we know that about 60 of the companies in malaysia employ workers on minimum wage and that about 4 4 million wage earners in malaysia earn less than rm2 160 a month.

Finance minister lim guan eng made the announcement when tabling budget 2019 on friday nov 2 malay mail reports. In september the government said it has fixed the new minimum wage nationwide at rm1 050 for 2019. The minimum hourly wage in peninsular malaysia is rm4 81 compared to rm4 42 in sabah sarawak and labuan. Minimum wages in malaysia increased to 1200 myr month in 2020 from 1100 myr month in 2019.

The government has decided to raise the minimum monthly wage to rm1 200 in major towns under 57 city and municipality councils while the minimum wage remains at rm1 100 a. Initially the government announced last september that it planned to raise the minimum wage to rm1 050 monthly throughout the country next year. Prior to this the minimum wages order 2016 decided that the minimum wage was about rm1 000 a month in peninsular malaysia and rm920 a month in sabah sarawak and federal territory of labuan. As a result of this announcement the minimum wages order 2016 will have to be revoked and replaced.