BFM 89.9
The Business Station
Will Progressive Wage Policy Work in Malaysia?
9 mins
·
07:45, 9 Aug 2023
·
Recommended
Guest: Dr Geoffrey Williams, Economist, Malaysia University of Science and Technology
The latest data from the Department of Statistics Malaysia indicating that nearly half of formal sector employees earn less than RM2000 ringgit a month lends urgency to the government’s plans to introduce a progressive wage policy. But given the voluntary nature of the policy, how much effect could it actually have? We speak to economist Dr Geoffrey Williams on measures to improve wages and productivity.
Image: Shutterstock
Presenter: Shazana Mokhtar, Philip See, Wong Shou Ning
Producer: Yeong Yeng Yee
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Will Progressive Wage Policy Work in Malaysia?
9 mins
·
07:45, 9 Aug 2023
Guest: Dr Geoffrey Williams, Economist, Malaysia University of Science and Technology
The latest data from the Department of Statistics Malaysia indicating that nearly half of formal sector employees earn less than RM2000 ringgit a month lends urgency to the government’s plans to introduce a progressive wage policy. But given the voluntary nature of the policy, how much effect could it actually have? We speak to economist Dr Geoffrey Williams on measures to improve wages and productivity.
Image: Shutterstock
Presenter: Shazana Mokhtar, Philip See, Wong Shou Ning
Producer: Yeong Yeng Yee
Share:
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