fbpx
Connect with us

Lifestyle

Survey Shows That M’sian Employers Have Increased Salaries In 2021 Compared To 2020

Published

Collage 9 1
Source: Berita Harian & The Outlook

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

With the prices of goods expected to hike until the upcoming Chinese New Year, people have been wondering if they are going to see an increase in wages anytime soon. 

The Malaysian Employers Federation (MEF) has conducted a survey and the outcome shows that more employers have actually increased the salaries of their employees this year compared to 2020.

71638870458 Duitjutakela

The MEF Salary Survey For Executives was participated by 212 companies from the manufacturing and non-manufacturing sectors and covered 180 benchmarked positions of 23,448 executives.

According to Datuk Syed Hussain Syed Husman, the President of MEF, in 2021 the salary increase for:

  1. executives was 4.4%
  2. non-executives was 4.43%.

He also said the survey forecast that the average salary increase in 2022 for:

  1. executives will be 4.37%
  2. non-executives will be 4.17%.

Datuk Dr Syed Hussain Syed Husman Removebg Preview 1 1631346150 1635560798

Similarly, when it comes to bonuses, Syed also said the survey indicates that 68.3% of the companies granted bonuses to executives and non-executives in 2021.

“A positive indicator was that the forecast bonus for 2022 was higher than the actual bonus in 2021 of 1.58 months and 1.44 months for executives and non-executives, respectively,” he added.

Myringgit

What about fresh graduates you ask?

Well, in the past 12 months, he said that the survey shows that 58.2% of companies recruited fresh graduates as executives.

  • 80.9% of companies offered skilled jobs to freshies
  • 5% of companies placed newly-hired graduates in low-skilled jobs.

 

Do you agree that more employers have actually raised the wages of their employees this year? Let us know your thoughts!

 

Also read: “Plant your own vegetables” Penang Consumer’s Association Suggests As Vegetable Prices Increase

Collage 2 1

Source: Astro Awani


Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Collage 15 3 Collage 15 3
News12 hours ago

149 Immigrants Reportedly Die In Sabah Detention Depot In Last 18 Months, Politician Responds

Recently, a report by the Indonesian NGO titled ‘Like In Hell’ claims that immigrants held at a detention depot in...

My Post 2022 06 29T171355.246 My Post 2022 06 29T171355.246
News12 hours ago

WATCH: Group In Sri Petaling Riot & Damage Cars In Fight, PDRM Investigates

Twenty individuals suspected of being involved in a fight on Monday at Jalan Radin Bagus, Sri Petaling, are being hunted...

Collage 13 4 Collage 13 4
News2 days ago

Blood Donation Campaign in JB Allegedly Gives Away Pork-Flavoured Instant Noodles, PDRM Investigates

A present must occasionally be appropriate to prevent any unintended misconceptions. A recent blood drive in Johor Bahru came under...

Collage 10 4 Collage 10 4
News2 days ago

M’sian Suffocates His 16-Year-Old Lover To Death With A Pillow Out Of Jealousy; PDRM Arrests Him

A healthy relationship is made up largely of trust and understanding in addition to communication, which is another essential component....

Pm Shirt Pm Shirt
News3 days ago

“That’s my salary for 3 months,” Netizens React To This RM6900 Burberry Shirt That The PM Wears

Netizens are talking about Malaysia’s prime minister Ismail Sabri’s shirt again, this time, it’s an RM6,900 red shirt from Burberry....

Feat Image Largest Subsidies Feat Image Largest Subsidies
News3 days ago

Finance Minister: Govt To Give RM77.3 Billion In Subsidies For The Rakyat This Year, Largest In History

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz has revealed that the projected consumption subsidy expenditure so far for 2022...

Subs Ft Subs Ft
News3 days ago

“Do not remove subsidy or we will take it to the streets,” IIUM & UM Student Unions To The Govt

In a joint statement, the IIUM Student Union and University Malaya Students’ Union urge the government to eliminate the action...

Feat Image Govt Remain Subsidies Feat Image Govt Remain Subsidies
News5 days ago

PM: Electricity, Water Tariffs in Peninsula M’sia Unchanged, Price Ceiling For Chickens Won’t Be Abolished

Prime Minister Datuk Seri Ismail Sabri Yaakob has announced that the government will track back its decisions and will not...

Announcement

Latest Videos



TRENDING TODAY