PETALING JAYA: Big corporations such as government-linked companies (GLCs) should not be used as the yardstick for determining minimum wage levels, according to employer and business groups.
The Malaysian Employers Federation (MEF) and Federation of Malaysian Manufacturers (FMM) pointed out that small businesses were in a different league from large firms, making it difficult for them to pay higher wages.
MEF senior advisor Syed Hussain Syed Husman said GLCs and government-linked investment companies (GLICs) were in a very different position in terms of profitability, productivity and their capacity to absorb higher wage costs.
