PUTRAJAYA, Dec 2 — Committed to the Progressive Wage Policy, the Human Resources Ministry (KSM) will lead various key functions, including conducting joint negotiations with employers and labour unions, said its minister V. Sivakumar.
Asides from providing guidelines for employers and workers; monitoring, assessment, and development coordination will also be carried out.
“For system development, KSM is involved in companies’ registration, selection, and monitoring. Regarding skills enhancement, KSM will undertake training verification, training quality inspection, supervision, auditing, and training coordination.
“KSM will also provide guidance on annual salary increases through the preparation of proposals for such increases,” he said in a statement today.
Economy Minister Rafizi Ramli presented the White Paper on the Proposed Progressive Wage Policy in Parliament on Thursday (November 30) to ensure workers receive higher wages in line with increased productivity.
It contains three main mechanisms: voluntary implementation, incentive-based approaches together with government allocation injections, and the responsibility of workers in enhancing productivity.
According to Sivakumar, the collaboration between KSM and the Economy Ministry in implementing the Progressive Wage Policy will improve the quality of life for low-income workers by providing better wages, ultimately making a significant contribution to Malaysia’s economic development.
— Bernama
