The proposed progressive salary policy will be brought to the cabinet for fine-tuning and to study the need for funds as incentives for its gradual implementation.
Prime Minister Anwar Ibrahim said this would be done according to the country’s financial position and policy needs.
The policy was discussed at the National Economic Action Council (NEAC) meeting today as a shift towards job market recovery so that salaries can be increased more consistently and distributed more evenly, he added.
"NEAC is of the view that the policy is one of the job market reforms to ensure Malaysian workers are not burdened by the cost of living and can enjoy work with decent salaries to guarantee the people’s well-being and realise the agenda of uplifting the national economy,” he said in a statement today.
The policy model, he said, was proposed after NEAC had considered the views and interests of employers and workers.
- Bernama
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