Minimum Wage Policy: Balancing Competing Interests
Ali Salman, CEO
07-Sep-18 08:35
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The government has confirmed that a standardised minimum wage for the private sector of RM1,050 a month, or RM 5.05 an hour, will be implemented nationwide from January 2019.
However, due to current financial constraints, the government has said it will not be providing any subsidies to employers -- despite the promise in their manifesto to bear 50% of any increase in minimum wage.
Ali Salman, CEO of the think tank Institute for Democracy and Economic Affairs (IDEAS) shares his take on the policy announcement.
Presented by: Melisa Idris, Tan Chung Han
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Categories: Politics, Law and Legal Matters, Social Issues
Tags: Minimum Wage, Pakatan Harapan, IDEAS, Unemployment,