Minimum Salary In Malaysia 2018
Pakatan harapan had pledged in its 2018 election manifesto to implement a minimum wage set at rm1 500 monthly.
Minimum salary in malaysia 2018. Presently the minimum wage is set at rm1 000 monthly for peninsular malaysia and rm920 for sabah and sarawak. Kulasegaran announced in parliament yesterday 19 july workers across the country can expect to the minimum monthly wage to be set at rm1 500 as reported in the sun daily. 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.
The main legislation relates to minimum wages in malaysia are national wages consultative council act 2011 act 732 minimum wages order 2020. Malaysia s human resources minister m. The increase of minimum wage to rm1 500 will be done gradually not in an instant.
He said during a question time. The government initially announced last september that the minimum wage would be raised next year to rm1 050 monthly throughout the country. Malaysia will have a uniformed minimum wage of rm1 050 per month or rm5 05 per hour starting next year.
The minimum wage was last revised on 1 july 2016. Rm1000 per month or rm4 81 per hour on the peninsula and rm920 per month or rm4 42 per hour for the states of sabah sarawak and labuan. 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. Malaysia s minimum wage is the lowest amount a worker can be legally paid for his work. Minimum wages in malaysia increased to 1200 myr month in 2020 from 1100 myr month in 2019.
Most countries have a nation wide minimum wage that all workers must be paid. Malaysia s minimum wages policy is decided under the national wages consultative council act 2011 act 732.