KUALA LUMPUR, Oct 12 (Bernama) -- The MADANI Government Backbenchers Club (BBC) has proposed that the Ministry of Human Resources, in collaboration with the Ministry of Economy, carry out an impact assessment six and 12 months after the implementation of the minimum wage increase.
General : BBC Proposes 6- And 12-month Impact Assessment On Minimum Wage Hike
Budget 2027, minimum wage, Dr Zaliha Mustafa, BBC,
Key takeaways
BBC proposes 6- and 12-month impact assessments on Malaysia's minimum wage hike to evaluate its effects on workers and businesses.
- Assessments will focus on wages, employment, productivity, and business conditions post-minimum wage increase.
- Malaysia's employee compensation share of GDP is 33.9%, indicating potential for improvement.
- BBC suggests productivity support and price monitoring to prevent cost pass-on to consumers.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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