New Straits Times

‘STUDY NEEDED TO INCREASE PRODUCTIVI­TY’

Call to review structure of employee benefits amid rising cost of living

- AYISY YUSOF KUALA LUMPUR bt@nst.com.my

THE government should undertake a comprehens­ive study on the labour market to review the current structure of employee benefits amid the rising cost of living and Covid-19 impacts.

In making the call, Uni Malaysia Labour Centre general council member J. Solomon said trade unions should represent the workers in the same way even after the pandemic.

“Their main role is to safeguard members’ interests. That should continue to be a priority,” he said during a Money Matters episode on “The post-Covid-19 recovery: Transformi­ng the workforce for a new world” aired on TV3 on Saturday.

Solomon said the study would be necessary to drive Malaysia’s labour output as its productivi­ty index had fallen to 5.4 per cent last year.

It was the first-ever contractio­n recorded since the 2009 global financial crisis as the pandemic had impacted economic activities, according to the Malaysia Productivi­ty Corporatio­n (MPC).

The MPC said labour productivi­ty was likely to rebound this year following last year’s steep decline.

Solomon said the country’s political stability and the pandemic situation could play a role in enhancing productivi­ty.

He urged trade union leaders to keep abreast of the latest developmen­ts

and new policies or guidelines disseminat­ed by the Internatio­nal Labour Organisati­on.

He said the new developmen­ts could be applied in Malaysia.

“This is a golden opportunit­y for the workers and their representa­tives as it is a period where employers are sincerely concerned about employees’ health and safety.”

He said some employers were reluctant to train their workers due to labour shortages

and the fact that the employees must be paid the minimum wage during their training period.

Solomon said it was vital for the government to be neutral towards the workforce and business community. He said many people would lose their jobs if too much emphasis was given to corporate survival.

Meanwhile, Sunway University Business School economics Professor Dr Yeah Kim Leng said equipping the workforce with the right skills, knowledge and entreprene­urial

spirit should be a priority to ensure competitiv­eness in line with the rapidly evolving advancemen­t of global economies.

“Incentivis­ing industries and businesses to move up the value chain and engage in continuous technologi­cal upgrading, accelerati­ng productivi­ty and efficiency at all levels of society would allow Malaysia to weather the challenges brought upon by the crisis,” he told the New Straits

 ?? FILE PIC ?? The nation’s labour productivi­ty is likely to rebound this year following last year’s steep decline, according to the Malaysia Productivi­ty Corporatio­n.
FILE PIC The nation’s labour productivi­ty is likely to rebound this year following last year’s steep decline, according to the Malaysia Productivi­ty Corporatio­n.

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