NEW MINIMUM WAGE POLICY SOON
PUTRAJAYA: A new minimum wage policy will be finalised by the middle of next year to bridge the income gap between peninsular and east Malaysia. Human Resources Minister Datuk Seri Richard Riot said the newly appointed National Wage Consultative Council have already started its review on the 2016 Minimum Wage Order, adding that the median wage is based on employers’ capacity to pay wages. “That is why the minimum wage in east Malay-sia is lower than west Malaysia.” Current-ly, the minimum wage in the peninsular is RM1,000 and RM920 in east Malaysia, that was announced in Budget 2016 and implemented on July 1 last year. “It is my hope to streamline the income gap for east and west Malaysia to have a standard income.” The National Wage Consultative Council 2011 Act states that the Minimum Wage Order should be reviewed at least once every two years.