The Impacts of Minimum Wage Implementation in Malaysia: An Update
Minimum wage has been implemented in Malaysia in 2013 to address market failure in wage determination among low wage earners. This new mechanism has changed the labour market in Malaysia in terms of wage settings from one that is based on market forces to a state regulated floor wage determination i...
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| Format: | Proceeding |
| Language: | English |
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2016
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| Online Access: | http://ir.unimas.my/id/eprint/10293/ http://ir.unimas.my/id/eprint/10293/1/The%20Impacts%20of%20Minimum%20Wage%20Implementation%20in%20Malaysia_%20An%20Update%20Pullman%2014%20Jan%202016.pdf |
| _version_ | 1848836748700811264 |
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| author | Eden, Dzulzalani |
| author_facet | Eden, Dzulzalani |
| author_sort | Eden, Dzulzalani |
| building | UNIMAS Institutional Repository |
| collection | Online Access |
| description | Minimum wage has been implemented in Malaysia in 2013 to address market failure in wage determination among low wage earners. This new mechanism has changed the labour market in Malaysia in terms of wage settings from one that is based on market forces to a state regulated floor wage determination in all sectors of the economy. This policy was aimed to uplift the standard of living of low-paid employees without causing any friction on the prevailing labour market. The thrust of this new policy is twofold. While the wage rate was set at above the rate to reflect a decent standard of living among the low wage earners, it was also set within firm's ability to pay based on the prevailing median wage. |
| first_indexed | 2025-11-15T06:28:42Z |
| format | Proceeding |
| id | unimas-10293 |
| institution | Universiti Malaysia Sarawak |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T06:28:42Z |
| publishDate | 2016 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | unimas-102932016-01-25T02:18:01Z http://ir.unimas.my/id/eprint/10293/ The Impacts of Minimum Wage Implementation in Malaysia: An Update Eden, Dzulzalani H Social Sciences (General) Minimum wage has been implemented in Malaysia in 2013 to address market failure in wage determination among low wage earners. This new mechanism has changed the labour market in Malaysia in terms of wage settings from one that is based on market forces to a state regulated floor wage determination in all sectors of the economy. This policy was aimed to uplift the standard of living of low-paid employees without causing any friction on the prevailing labour market. The thrust of this new policy is twofold. While the wage rate was set at above the rate to reflect a decent standard of living among the low wage earners, it was also set within firm's ability to pay based on the prevailing median wage. 2016 Proceeding NonPeerReviewed text en http://ir.unimas.my/id/eprint/10293/1/The%20Impacts%20of%20Minimum%20Wage%20Implementation%20in%20Malaysia_%20An%20Update%20Pullman%2014%20Jan%202016.pdf Eden, Dzulzalani (2016) The Impacts of Minimum Wage Implementation in Malaysia: An Update. In: First Regional Conference on Current Developments in Employment Law in Malaysia and the ASEAN Countries, 13th - 15 th January 2016, Pullman Hotel Kuching. (Unpublished) |
| spellingShingle | H Social Sciences (General) Eden, Dzulzalani The Impacts of Minimum Wage Implementation in Malaysia: An Update |
| title | The Impacts of Minimum Wage Implementation in Malaysia: An Update |
| title_full | The Impacts of Minimum Wage Implementation in Malaysia: An Update |
| title_fullStr | The Impacts of Minimum Wage Implementation in Malaysia: An Update |
| title_full_unstemmed | The Impacts of Minimum Wage Implementation in Malaysia: An Update |
| title_short | The Impacts of Minimum Wage Implementation in Malaysia: An Update |
| title_sort | impacts of minimum wage implementation in malaysia: an update |
| topic | H Social Sciences (General) |
| url | http://ir.unimas.my/id/eprint/10293/ http://ir.unimas.my/id/eprint/10293/1/The%20Impacts%20of%20Minimum%20Wage%20Implementation%20in%20Malaysia_%20An%20Update%20Pullman%2014%20Jan%202016.pdf |