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Malaysia implements a progressive salary system to promote fair wages and social equity
Release time:2025-01-17 Source: Qingqiao Number of views:

Starting from January 2025MalaysiaThe comprehensive implementation of a progressive salary system aims to bring more reasonable salaries to the vast working class, thereby alleviating the long-standing problem of social income inequality.

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On January 3rd, Malaysiaprime ministerAnd the Minister of FinanceAnwar Ibrahimstayprime ministerAn important speech was delivered at the regular monthly gathering of the department. He mentioned that while actively promoting economic growth and improving enterprise productivity, the government has always paid attention to the well-being of the people, especially the living conditions of grassroots employees and low - and middle-income groups.Anwar IbrahimIt is pointed out that although many companies have achieved significant economic benefits in recent years, with annual profits even climbing to billions of ringgit, unfortunately, these achievements have not fully benefited the majority of employees, and the salary level of employees has not been appropriately improved.

In order to change this situation, the Malaysian government has decided to implement a progressive salary system. The core of this system is that it does not adopt a one size fits all approach to setting uniform salary standards for all enterprises, but flexibly adjusts the salary levels of employees based on the profitability and operating conditions of the enterprise.Anwar IbrahimIt is emphasized that for large enterprises with considerable profits, they have a responsibility to provide employees with more reasonable salaries to reflect the company's sense of social responsibility and humanistic care.

Anwar IbrahimIt was also mentioned that the government will closely monitor the implementation of this policy by enterprises to ensure that the policy can be truly implemented. At the same time, the government will continue to provide necessary incentives and support to enterprises to promote the reform and upgrading of the labor market. He said, "The development of a country should not be limited to the growth of economic data, but should also be reflected in the improvement of people's well-being and the realization of social equity. Only in this way can our country truly achieve comprehensive development

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In addition,Anwar IbrahimIt also revealed the progress of the government in promoting other welfare programs and infrastructure projects. He pointed out that since taking office in November 2022, the Unity Government has been committed to attracting high value-added investment to increase people's salary levels. At the same time, the government has also accelerated the promotion of projects closely related to the interests of the people and the safety of life and property, such as poverty alleviation plans and flood control projects.Anwar IbrahimIt is stated that the implementation of these projects will effectively improve people's living conditions and enhance the overall well-being of society.

When it comes to the construction of the government itself,Anwar IbrahimIt is stated that the third training camp for the unity government cabinet will be held in the near future, with the aim of reviewing and improving administrative weaknesses and enhancing administrative efficiency. He revealed that the first two training camps were held in 2023 and 2024 respectively, achieving significant results. Meanwhile,Anwar IbrahimHe also proudly stated that his government has adhered to transparent governance for over two years and has not experienced any major scandals or corruption.



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