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Malaysia set to have minimum wage scheme
February 11th, 2011 |
Author: Editorial
PUTRAJAYA – The move to implement a minimum wage scheme in Malaysia is set to take off, after the Cabinet gave the go-ahead to implementing the minimum wage policy through a specially created council.
The tabling of the National Wages Consultancy Council Act in Parliament in June this year is expected to pave the way towards establishing a legislative framework on minimum wages for all industries in Malaysia.
Malaysia’s Human Resources Minister Datuk Dr S.Subramaniam said the task of formulating the minimum wage setup would lie with the ministry.
“With its implementation, the ministry will have the authority to streamline wages.
“The framework will take into account wage-suitability and its relevance towards the economic situation,” he said.
He was speaking to reporters after officiating the launch of the minimum wage lab at the Putrajaya Convention Centre here this morning. The lab sessions began on Monday and will end on Feb 14.
The lab, geared towards designing an optimal minimum wage policy in Malaysia, is a collaboration between the World Bank and the Human Resource Ministry.
It will see dialogues held between academicians, economists and politicians, among others, on the issue.
The scheme, once implemented is expected to benefit about five million workers.
Across the causeway, Singapore workers will not be seeing any such scheme, which many countries have implemented to protect the interest of its work force.
Singapore’s Labour Union Chief (Zorro) Lim Swee Say is strongly against the scheme and expect that workers be “cheaper, better and faster” while being paid peanuts, compared to the millions which he and his colleagues are drawing.
It would have to be “over his dead body” for Singapore workers to expect such a scheme, metaphorically speaking of course.
.
Pamela
<HR SIZE=1>Edited 2/11/2011 1:59 pm ET by justonesingh</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
Malaysia set to have minimum wage scheme
PUTRAJAYA – The move to implement a minimum wage scheme in Malaysia is set to take off, after the Cabinet gave the go-ahead to implementing the minimum wage policy through a specially created council.
The tabling of the National Wages Consultancy Council Act in Parliament in June this year is expected to pave the way towards establishing a legislative framework on minimum wages for all industries in Malaysia.
Malaysia’s Human Resources Minister Datuk Dr S.Subramaniam said the task of formulating the minimum wage setup would lie with the ministry.
“With its implementation, the ministry will have the authority to streamline wages.
“The framework will take into account wage-suitability and its relevance towards the economic situation,” he said.
He was speaking to reporters after officiating the launch of the minimum wage lab at the Putrajaya Convention Centre here this morning. The lab sessions began on Monday and will end on Feb 14.
The lab, geared towards designing an optimal minimum wage policy in Malaysia, is a collaboration between the World Bank and the Human Resource Ministry.
It will see dialogues held between academicians, economists and politicians, among others, on the issue.
The scheme, once implemented is expected to benefit about five million workers.
Across the causeway, Singapore workers will not be seeing any such scheme, which many countries have implemented to protect the interest of its work force.
Singapore’s Labour Union Chief (Zorro) Lim Swee Say is strongly against the scheme and expect that workers be “cheaper, better and faster” while being paid peanuts, compared to the millions which he and his colleagues are drawing.
It would have to be “over his dead body” for Singapore workers to expect such a scheme, metaphorically speaking of course.
.
Pamela
<HR SIZE=1>Edited 2/11/2011 1:59 pm ET by justonesingh</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
