‘Malaysia’s median monthly salaries rise 7.7pc last year’
PUTRAJAYA: Malaysia’s median monthly salaries and wages increased by 7.7 per cent last year, said the Statistics Department.
Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the value of median monthly salaries and wages rose to RM2,160 from RM2,000 in 2016, while the mean monthly salaries and wages increased 8.1 per cent to RM2,880 last year from RM2,657.
He said the increase was in line with Malaysia’s economic performance, which recorded a growth of 5.9 per cent last year compared with 4.2 per cent in 2016.
During the same period, exports registered a strong growth of 20.3 per cent to RM935.5 billion.
“Median monthly salaries and wages for male and female employees posted high growth of 8.2 and seven per cent, respectively.
“On monthly salaries and wages, female employees recorded a higher growth of 9.1 per cent while male employees saw a 7.5 per cent growth,” he said at a briefing, here, yesterday.
“Last year, the median monthly salaries and wages of employees in urban areas increased 6.6 per cent per year to RM2,260.
“The median monthly salaries and wages for employees in the rural areas grew 3.6 per cent per year to RM1,400.”
Uzir said the growth of mean monthly salaries and wages in urban and rural areas were higher at 7.7 per cent (RM3,038) and 6.3 per cent (RM2,040), respectively.