Wage Rates
Salary and fringe benefits for employees vary according to industry, location and employment size. The common types of leave provided by companies include annual leave, public holiday, sick leave, hospitalization leave, maternity leave and compassionate leave. In some companies, additional benefits include provision of uniforms, transport, incentives payments, shift allowance and insurance coverage. Bonus payments are given by some companies based on the companies’ performance and individual performance.
The Minimum Wages Order (Amendment) 2018 [P.U. (A) 305/2018] takes effect from 1st January 2019. With this amendment, all employers in the private sector irrespective of the number of employees under their employment will have to comply with new minimum wages rates.
The minimum wages rates effective from 1 January 2019 are as follows:-
|
Minimum Wages Rates |
|||
|---|---|---|---|
|
Monthly |
Daily |
||
|
RM1,100 |
Numbers of day work |
Hourly |
|
|
6 |
RM42.31 |
RM5.29 |
|
|
5 |
RM50.77 |
||
|
4 |
RM63.46 |
||
For more information on salaries and fringe benefits in the manufacturing sector, please visit Malaysia Employers Federation (MEF) at www.mef.org.my.
