Minimum Wages for Employees in Malaysia
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Minimum Wages under Malaysia's Employment Act 1955
Starting from 1 May 2022, the minimum wage in Malaysia has been raised from RM1,200 to RM1,500. Therefore, Malaysia's minimum wage per hour is RM 7.21 In daily wages, this translates to RM57.69 for a six-day work week; RM69.23 for a five-day work week; and RM86.54 for a four-day work week.
Salary Guide in Different Industry
(source from PersolKelly)
Accounting and Finance
Banking and Financial Service
Engineering and Technical
Human Resources and Administrative
Information Technology
Legal and Risk Management
Sales and Marketing
Supply Chain and Logistics
FAQs
- What is the minimum wage in Malaysia?
The minimum wage in Malaysia has been raised from RM1,200 to RM1,500, starting from May 2022. - Is 4000 ringgit a good salary in Malaysia?
RM4000 is a good salary to start with because minimum wage in Malaysia has been raised from RM1,200 to RM1,500. - Where to check salary in Malaysia?
Ricebowl Salary Checker and Maukerja Salary Checker. Enter job title and location, then you can check average salary range in Malaysia.
Conclusion
The implementation of minimum wages in Malaysia signifies progress toward fair compensation and economic stability. It protects workers' rights across industries, ensuring a baseline standard of living. Industry-specific salary guides provide crucial insights, fostering equitable work environments and economic growth. However, regular reviews and adjustments are necessary to keep pace with inflation and changing economic conditions. Continuous monitoring ensures these standards remain effective tools for social justice and workforce support. Ultimately, these initiatives reflect a commitment to building a more inclusive and equitable society, enabling every individual to thrive.
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