Wednesday, February 4, 2015
The minimum wage was introduced by the Human Resources Ministry after it found out that about 34 percent of private sector employees earn less than RM700 per month, which is below the poverty line of RM800. A similar study in 2010 revealed that 48 percent of Malaysian employees earn less than RM1,000 per month.
This is the ground reality, but the Malaysian government wants the country to be a high-income nation by 2020. This situation prompted the government to implement the minimum wage to attain the high-income economy.