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Progressive wage white paper presented in Parliament

Publish date: Thu, 30 Nov 2023, 01:36 PM
  • Progressive wage pilot project slated for June-September 2024, timeline for full implementation to be determined later
  • Progressive wage to involves monthly salary rates between RM1,500 and RM4,999, covering four million workers
  • Multinasional and government-linked companies exempted from participating progressive wage as they are already paying competitive salaries
  • Progressive wage: Govt to provide cash incentive up to RM200 a month for entry-level positions, up to RM300 for non-entry level positions
  • Progressive wage mechanism: Incentive to be channelled to employers on quarterly basis, within six months upon submitted claims
  • Govt to make allocations to fund progressive wage incentive depending on fiscal position
  • Employers encouraged to registered themselves voluntarily to participate in progressive wage pilot project
  • Progressive wage incentive only limited to Malaysian citizens, with full-time positions

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