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The implementation of minimum wages in Malaysia

Minimum wage legislation is gazetted by government in order to protect low skilled employees in order to increase their quality of life and reduce poverty. In addition, it is also aimed at encouraging companies to increase the value chain by investing in new technologies that require less unskilled...

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Main Authors: Tin, Pei Ling, Yusof, Muhammad Fathi, Nik Mahmood, Nik Hasnaa, Tan, Hup Soon
Format: Article
Published: Penerbit UTM Press 2014
Subjects:
HB Economic Theory
HF Commerce
Online Access:http://eprints.utm.my/id/eprint/59984/
https://sainshumanika.utm.my/index.php/sainshumanika/article/view/412
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id my.utm.59984
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spelling my.utm.599842022-04-24T06:46:37Z http://eprints.utm.my/id/eprint/59984/ The implementation of minimum wages in Malaysia Tin, Pei Ling Yusof, Muhammad Fathi Nik Mahmood, Nik Hasnaa Tan, Hup Soon HB Economic Theory HF Commerce Minimum wage legislation is gazetted by government in order to protect low skilled employees in order to increase their quality of life and reduce poverty. In addition, it is also aimed at encouraging companies to increase the value chain by investing in new technologies that require less unskilled workers. The aim of the policy is undeniable noble but the impact of its implementation is still debateable. Some may question the adequacy of the minimum wage rate or may argue that the policy will induce the influx of illegal workers. Despite that, organizations have different approach in implementing the policy in order to achieve the best solutions. The new policy gives more financial burden on small and medium organizations as compared to large companies. Thus, small and medium enterprises (SMEs) were allowed to defer payment of minimum wage to foreign workers until December 2013. The objective of this study is to describe the implementation of minimum wage policy in Malaysia and compare the implementation of minimum wage legislation between China, South Africa and Brazil. This paper applies a comparative study by using round desk discussion and case-studies methods. Penerbit UTM Press 2014 Article PeerReviewed Tin, Pei Ling and Yusof, Muhammad Fathi and Nik Mahmood, Nik Hasnaa and Tan, Hup Soon (2014) The implementation of minimum wages in Malaysia. Sains Humanika, 2 (2). pp. 43-46. ISSN 2289-6996 https://sainshumanika.utm.my/index.php/sainshumanika/article/view/412
institution Universiti Teknologi Malaysia
building UTM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Malaysia
content_source UTM Institutional Repository
url_provider http://eprints.utm.my/
topic HB Economic Theory
HF Commerce
spellingShingle HB Economic Theory
HF Commerce
Tin, Pei Ling
Yusof, Muhammad Fathi
Nik Mahmood, Nik Hasnaa
Tan, Hup Soon
The implementation of minimum wages in Malaysia
description Minimum wage legislation is gazetted by government in order to protect low skilled employees in order to increase their quality of life and reduce poverty. In addition, it is also aimed at encouraging companies to increase the value chain by investing in new technologies that require less unskilled workers. The aim of the policy is undeniable noble but the impact of its implementation is still debateable. Some may question the adequacy of the minimum wage rate or may argue that the policy will induce the influx of illegal workers. Despite that, organizations have different approach in implementing the policy in order to achieve the best solutions. The new policy gives more financial burden on small and medium organizations as compared to large companies. Thus, small and medium enterprises (SMEs) were allowed to defer payment of minimum wage to foreign workers until December 2013. The objective of this study is to describe the implementation of minimum wage policy in Malaysia and compare the implementation of minimum wage legislation between China, South Africa and Brazil. This paper applies a comparative study by using round desk discussion and case-studies methods.
format Article
author Tin, Pei Ling
Yusof, Muhammad Fathi
Nik Mahmood, Nik Hasnaa
Tan, Hup Soon
author_facet Tin, Pei Ling
Yusof, Muhammad Fathi
Nik Mahmood, Nik Hasnaa
Tan, Hup Soon
author_sort Tin, Pei Ling
title The implementation of minimum wages in Malaysia
title_short The implementation of minimum wages in Malaysia
title_full The implementation of minimum wages in Malaysia
title_fullStr The implementation of minimum wages in Malaysia
title_full_unstemmed The implementation of minimum wages in Malaysia
title_sort implementation of minimum wages in malaysia
publisher Penerbit UTM Press
publishDate 2014
url http://eprints.utm.my/id/eprint/59984/
https://sainshumanika.utm.my/index.php/sainshumanika/article/view/412
_version_ 1732945387639013376
score 13.211869

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