Article Related To wage policy

The Progressive Wage Policy would be fully enforced next year with an allocation of RM200 million, benefiting 50,000 workers.

The Progressive Wage Policy (PWP) is expected to be fully implemented in October, the Dewan Rakyat was told today.

Datuk Seri Anwar Ibrahim has expressed the government's seriousness in coming up with a Progressive Wage Policy for the private sector.

The progressive wage policy is aimed to incentivise the future of companies, said Deputy Economy Minister Datuk Hanifah Hajar Taib.

The First Meeting of the Third Term of the 15th Parliament will last for 19 days until March 27.

Datuk Dr Syed Hussain Syed Husman said higher wages based on increase of productivity among workers will lure more investors to the country.

Rafizi Ramli said that was because the implementation of the policy was voluntary and involved incentives from the government.

Economy Minister Rafizi Ramli said the wage system is expected to be implemented in April or May next year.

V. Sivakumar said it was also to decide whether to study the salary model or seek other alternatives to improve the existing salary system.

The national wage policy does not allow cuts in salary or allowances for employees working from home (WFH), said Human Resources Minister Datuk Seri M Saravanan.

Some employers and industry players have agreed to the minimum wage policy which will take effect from May 1, said Human Resources Minister Datuk Seri M. Saravanan.

Minimum wage policy should be done in an orderly manner to ensure that the move will support economic growth while not adding inflationary pressure to the country.

He said direct cash transfer programs, such as BR1M, were common in dozens of countries around the world.

The Minimum Wages Order 2016 will take effect July 1 without any delay, said Human Resources Minister Datuk Seri Richard Riot Jaem.

Employers who fail to adhere to the Minimum Wage Policy which will take effect on July 1 will face court action.

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