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Review salary schemes for workers, PM tells private sector

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Publish date: Fri, 16 Aug 2024, 03:04 PM

PUTRAJAYA (Aug 16): Prime Minister Datuk Seri Anwar Ibrahim has expressed hope that the private sector, especially companies that record high profits, will review their salary schemes to provide more reasonable remuneration to their employees.

He said the public service wage reform announced on Friday was also a message to private companies to raise workers' wages, so that their financial burden can be alleviated.

“I hope the private sector will review their [salary] schemes, so that the [financial] burden of the workforce can be reduced with a more reasonable remuneration and salary increment scheme, especially for companies that record large profits.

“There is no reason for monthly salaries to be less than RM2,000,” Anwar told reporters after addressing civil servants at the 19th edition of Majlis Amanat Perdana Perkhidmatan Awam (MAPPA) themed ‘Madani Public Service’ here on Friday.

The prime minister said the salary increase for civil servants was given not just as a reward and appreciation for the services rendered by them, but also as a motivation to improve performance at work.

He said the salary adjustment was done through a radical transformation and a major shift since it involved matters of accountability and performance. 

 

https://www.theedgemarkets.com/node/723070

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