MTUC: 4.4pct salary hike too little to help Msian workers make ends meet
18 September 2020 Print page
KUALA LUMPUR: The 4.4 per cent increase in average monthly salaries for Malaysian workers last year is relatively insignificant when compared to the financial challenges they face, the Malaysian Trades Union Congress said today.
Its secretary-general J. Solomon said the rise, as revealed by the Department of Statistics Malaysia (DOSM) yesterday, should be evaluated together with relevant data from Bank Negara Malaysia (BNM) and other creditable bodies.
He urged lawmakers to re-examine the financial challenges faced by the average Malaysian employee.
“The 4.4 per cent hike in salary may seem commendable to some, however, if we were to compare it with the minimum wage in 2018 to 2019, which is an increase of RM3,087 to RM3,224, the percentage only represents a RM137 increase,” he said in a statement today.