Minimum Wages In Malaysia 2019

Most countries have a nation wide minimum wage that all workers must be paid.

Minimum wages in malaysia 2019. 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. Instead of continually raising minimum wages mef has called for the determination of wages based on the certified skills of the employees shamsuddin said. 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. Beginning jan 1 2019 the minimum contribution of employees and employers to the employees provident fund epf will be aligned with the minimum wages order amendment 2018 of rm1.

Malaysia s minimum wage is the lowest amount a worker can be legally paid for his work. This page provides malaysia minimum wages actual values historical data forecast chart statistics economic calendar and news. In releasing the list of 57 cities and towns that will be affected yesterday listed below the ministry of human resources mohr said in a statement that the minimum wage would remain at rm1 100 a month in areas that are not considered part of these. He said today mef expects retrenchments in malaysia to increase to 30 000 workers in 2019 compared to the 21 000 reported in 2018 as the country is affected by the sluggish global economy and the uncertainty that surrounds it.

The government has mandated that the new rm1 200 monthly minimum wage be implemented on jan 1 2020 in 57 cities and towns across malaysia. 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. 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. The current minimum wage is rm1 000 in peninsular malaysia and rm920 in sarawak and sabah.