Wages to rise 3.2% in 2018, says consultant


Those working in the construction and property development sector will enjoy higher salaries next year, says Korn Ferry Hay Group. – EPA pic, December 19, 2017.

THE average salary in Malaysia is expected to grow by 3.2% in 2018, an increase over the 1.3% growth recorded in 2017, said global management consulting firm, Korn Ferry Hay Group (Korn Ferry).

Financial services, construction and property development and management industries are expected to record the highest salary increases, while sectors, such as health and life sciences, oil and gas and industrial products, would register the lowest growth, Korn Ferry said in a statement today.


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