PUTRAJAYA: The detailed mechanism and implementation of the minimum wage of RM1,500 per month will be announced soon, says Datuk Seri M. Saravanan.
In welcoming Prime Minister Datuk Seri Ismail Sabri Yaakob's Saturday (March 19) announcement, the Human Resources Minister said the move was in line with the decision taken in a Cabinet meeting on March 11.
"It is clearly in line with the government’s commitment to increase wages and workers’ well-being. The move is also expected to make a positive contribution to stimulate the country’s economy through the increased purchasing power of workers, " he said in a statement Sunday (March 20).
On Saturday, Ismail Sabri announced that the government has increased the minimum wage to RM1, 500 per month and it will be implemented nationwide for certain companies effective May 1.
The prime minister said the new minimum wage would initially apply to big companies, and government-linked companies (GLCs).
The minimum wage was last revised on Feb 1, 2020, when it was increased by RM100 from RM1,100 to RM1, 200 during the tabling of Budget 2020. - Bernama