OCTOBER 17 — I heard the KSP Datuk Johan saying in the Malaysian Economic Association forum on October 16 on the Budget 2024, that the government is planning to introduce a...
OCTOBER 17 — I heard the KSP Datuk Johan saying in the Malaysian Economic Association forum on October 16 on the Budget 2024, that the government is planning to introduce a tiered levy system on the employment of foreign workers.
The fund can also be used to train their workers so that with higher labour productivity, companies will become less dependent on human labour and therefore they have less need to import foreign workers.This levy system is a good initiative to reform the labour market to enable higher wages to be paid based on productivity growth.
The writer says the PM in his Budget speech to Parliament last Friday, showed that he wants wages at the bottom to go up in the country so that the B40 families can have a better life. — Picture by Sayuti Zainudin The PM said there will be a review of the government salary scheme but no date was mentioned when the salary review start will start.
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