New minimum wage proposal to be presented to Cabinet next month

Updated 1 year ago · Published on 17 Aug 2024 5:44PM · 2 Comments

Human Resources Minister Steven Sim says the ministry has distributed a Cabinet paper to the relevant ministries for feedback on the proposed wage rate. – The Vibes file pic, August 17, 2024.

THE new minimum wage rate proposal is expected to be presented at the Cabinet meeting next month, Human Resources Minister Steven Sim said.

According to reports from Bernama, he said the Human Resources Ministry had received a report and recommendations on the new minimum wage rate from the National Wages Consultative Council, chaired by Zainal Rahim Seman.

“The ministry has distributed a Cabinet paper to the relevant ministries for feedback on the proposed wage rate.

“We will present the paper for consideration at the Cabinet level, likely in September,” he said.

He was speaking to reporters after the 27th Convocation Ceremony of the Manpower Department Training Institute in Putrajaya today.

He had previously mentioned that the government would review the minimum wage, which was last updated in May 2022, raising it from RM1,200 to RM1,500.

Yesterday, Prime Minister Datuk Seri Anwar Ibrahim expressed hope that the private sector, especially companies with high profits, would review their salary schemes to provide more reasonable remuneration for their employees.

He said the public service wage reform also serves as a message to private companies to increase workers’ wages to help alleviate their financial burden. – August 17, 2024.

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