Private employers are encouraged to focus on fair compensation for skilled employees to raise the productivity of the country’s workforce.
To help graduates make better decisions when applying for new jobs, the government is proposing that job adverts openly declare salary ranges.
The main goal of the proposed policy is to raise stagnated salary growth to help more people cope with the cost of living.
In March 2023, a formal workforce of 6.45 million saw male employees receive marginally higher salaries than their female counterparts.
Skills programmes for riders to explore alternative careers are being advocated by Malaysian P-Hailing Riders Association.
The Malaysian government has been urged to invest in more childcare options to encourage more women to re-enter the workforce.
Over the next decade, the government will focus on raising minimum wage to match costs of living, as well as increasing female workforce representation.
The seekMAX platform provides content that supports employees with career advice and ways to upskill and grow their careers.
As the talent war continues to intensify, employers in Malaysia are looking to invest in benefits that differentiate them from the competition.
As part of the proposed model, mandatory salary increments will be introduced annually to address wage inequality.
While employees in Malaysia recognise that upskilling and reskilling is essential, many are not receiving opportunities from their employers.
Only 30% of active members and 18% of total members meet the Employees Provident Fund (EPF) retirement savings benchmark.
The country’s minimum wage enforcement raises inflation risk, but the government is aiming for wage-price balance to help cope with the cost of living.
HRM Asia’s CHRO Series will provide key insights for HR and business leaders in South-East Asia to develop their people strategies for 2024.
Millions of Malaysians risk losing their job by 2030 if they do not improve their skills to meet industry needs, says HR Minister V Sivakumar.
The Malaysian Employers Federation is calling for a clear definition of wages, as its current ambiguity is causing mismatched salaries for employees.
To boost productivity and business results, employers must prioritise their employees’ mental wellbeing, says a NGO in Malaysia.
The Secretary-General of Malaysia’s HR Ministry is encouraging employees in Malaysia to reskill and upskill themselves to remain relevant.
Such a move, said the government, will address low salary payments and create a fair and dynamic labour market.
While AI is continuing to reshape the workplace, organisations need to do more to regulate how employees interact with AI systems.
Amidst a changing energy landscape, Petronas is investing in its core portfolio and cleaner energy production.
Malaysia needs to provide incentives and raise salaries to keep more Malaysians employed in the local workforce, says the Human Resources Minister.
A new office in Singapore will serve as Visier’s regional headquarters, while 7-Eleven has been announced as a new customer in Malaysia.
Employers have been urged to provide fair benefits in recognition of skilled labour’s vital role in organisational performance.
The Malaysian Employers Federation wants more support for employees in the private sector to manage rising healthcare costs during retirement.
The progressive wage model has been considered a success in Singapore, but will it be feasible in Malaysia? An economics professor says no.
A Future of Work Taskforce could help SMEs create a skilled workforce that supports their growth, said the Small and Medium Enterprises Association.
The 2023 Madani Career Initiatives, which include financial incentives for employers and training programmes, aim to strengthen the labour market.
A workers’ rights group has proposed that employees in the country be allowed to extend their retirement beyond the age of 60.
Low incentives and inadequate pay are causing low productivity and employees’ desire to leave their current employers.