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Are M’sians severely underpaid? X users have mixed reactions

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Publish date: Sun, 23 Jun 2024, 08:48 PM

A VIRAL post on X alleged that about 82% of Malaysians earn less than RM5,000 a month. This led some to conclude that Malaysians are underpaid.

However, some disagree with this sentiment and feel that they are earning enough.

Just this year, a significant number of graduates in Malaysia found themselves overqualified in an overcrowded job market. Due to a lack of positions that match their qualifications, many end up accepting low-skilled jobs with subpar starting pay.

According to the Khazanah Research Institute (KRI), 48.6% of Malaysian graduates were overqualified for their current jobs in 2021. The report emphasised the importance of active labour market initiatives to address this issue and maximise the return on higher education. 

Additionally, wage growth has stagnated, with 65.6% of graduates earning a starting salary below RM2,000. 

Furthermore, 35% of Malaysians earn below RM2,000. An X user stated that this means these individuals will not be having EPF contributions to their accounts. The user added that the country has failed to increase the living standards of its people. 

Another user claimed that over 80% of Malaysians should not blame the system at all but rather blame themselves for not working hard enough. But, other users disagree with this opinion. Users stated that those with a similar opinion are one of the few who are “privileged” in this country. 

Following that, a user added that the data shared showing the number of people earning less than RM5,000 should be compared to those who have qualifications or not. But, as stated earlier, there are plenty who are overqualified for the jobs they’re applying for. - June 23, 2024 

 

https://focusmalaysia.my/are-msians-severely-underpaid-x-users-have-mixed-reactions/

Discussions
Be the first to like this. Showing 7 of 8 comments

speakup

Malaysia low productivity how to raise salary?

4 weeks ago

KH6996

My niece recently got an offer with one of the top 5 accounting firms in Msia and she will only graduate next year. I was surprised that she managed to get an offer exceeding RM4,000 pm.So, maybe selectively, some jobs still paid well for fresh graduates and also if your results are good. On top of that, she can always get a job in Spore at similar salary but in S$.

4 weeks ago

speakup

malaysia worker asyik tea time je. 9am tea time. 11am tea time. 1pm lunch time. 3pm tea time lagi. 4:30 balik.
mana productive ni?

4 weeks ago

DickyMe

Between 9 am and 11 am, jamban plus rokok time @10am.

4 weeks ago

speakup

yes that too

3 weeks ago

kiwimelon

certain jobs are paid well...like KH6996 mentioned, accountants are paid highly cause their work is hectic and have to OT for most of the time. My cousin also gt called back to work on Saturdays...big4 firm
While mine...science based, starting salary was less than 2.5k only...for most interviews i went, they just lowball the offer
Thats why, we the victims of science courses are telling ppl not to study science, Malaysia seems to focus more on service industry 😂😂 think of the cost of petrol and tolls since factories are not reachable by public transport zzz

3 weeks ago

DickyMe

It depends on who the employer is.
Majority of companies in Malaysia are Chinese and family owned.
They have been around for a long time and imagine the relative circle through birth and marriage. Outsider wanting to survive and climbing the ladder in such companies is like asking the camel to pass through the needle hole. You wouldn't know who is working with you. 😀 Good luck if you survive in such companies.

3 weeks ago

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