KUALA LUMPUR, March 24 – Information Chief Shahril Hamdan lauded the decision to revise the minimum wage ceiling from RM1,200 to RM1,500 as appropriate and timely.
He also slammed objection by some parties who described it as burdensome to employers.
“We have to realise that the increase does not mean that the cost of workers’ wages will increase by 25 per cent. Because not everyone is paid that much.
“It also means that not all company costs are related to this but other employees such as executives earn bigger salaries.
“When we look at the annual report, most companies cost employees 10 per cent of the company’s total cost,” he said through a video uploaded on Facebook.
In fact, Shahril said the increase does not involve all employers and the government also gave flexibility to small and medium-sized enterprises.
Prime Minister Datuk Seri Ismail Sabri Yaakob in his winding up address at the Umno General Assembly last Saturday announced the implementation of the new minimum wage rate of RM1,500 per month from May 1, 2022 nationwide.
It will be implemented after taking into account the current rising cost of living which is affecting the B40 income bracket.