Progressive Wage Policy pilot project may be extended till June next year, says HR Minister

The Star

The three-month Progressive Wage Policy (PWP) pilot project may be extended till June next year, said Steven Sim.  The Human Resource minister told reporters after attending a townhall session on the Progressive Wage Policy (PWP) on Thursday (June 6) that about 1,000 companies are targeted to participate in the PWP, which will run between June and August.   Sim added that the ministry's goal is for the PWP programme to operate for at least a year.  Read more at https://tinyurl.com/ybpfsv84   WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

Transcript

00:00 So, these are the main components in Ilham Madani.

00:04 We hope that this will be part of our effort to enhance training, skills training, on-the-job training,

00:10 but also to help close the gap on unemployment.

00:14 Today, we have more or less 1,500 participants from various sectors.

00:19 There are representatives of employers, representatives of unions,

00:23 representatives of various economic sectors, from universities, NGOs, and so on.

00:30 I think this is part of our effort to provide a more detailed explanation

00:37 on the basis of progressive wages that have started registration and started on June 1.

00:43 It will last for three months until August.

00:50 And the assessment will be carried out in September.

00:58 Because we have just started registration, so far we have received more or less 300 companies.

01:06 500.

01:07 So far we have received more or less 500 companies who have registered.

01:13 They have registered their interest on the website.

01:20 Our target is 1,000 companies.

01:23 And the qualification or in-depth assessment will be given within the next week or two

01:30 to the companies that have registered.

01:32 So I ask for more companies in the five main sectors for this period

01:40 to show and register for SMEs.

01:43 You mentioned that it's a pilot project for the next three months, 50 million.

01:48 There was a question raised after the pilot project.

01:51 Say I'm an employer and I've been participating in the program.

01:58 Once the pilot project ends, what happens?

02:02 Do I still have to pay the basic pay?

02:06 So, first, this three-month period is for us to look at, for example,

02:16 the weaknesses of the system, issues, challenges, implementation,

02:22 maybe in terms of SOP and so on.

02:25 So in this three-month period, in September,

02:30 we will do an assessment and make adjustments or adjustments.

02:35 The target is to implement this basic pay for a year.

02:44 And if you look at it from the set conditions,

02:49 whether there is a salary or an increase in the year,

02:52 it is a competitive increase

02:55 where it is the result of our investment,

02:59 from our involvement with the workers and employers.

03:04 So I don't want to put the cart before the horse

03:09 and say that we are going to stop after one year.

03:13 Our desire is to continue this progressive basic pay

03:17 as one of the mechanisms to increase the salary of workers in Malaysia.

03:26 But even if this is stopped,

03:33 the conditions that have been set are competitive conditions that can be met.

03:40 I think most importantly for the media and for the public is

03:44 we don't put the cart before the horse.

03:47 We want to see the success of this progressive basic pay

03:54 as an effort to increase the salary of workers.

03:57 So at least there will be a one year implementation.

04:03 Not three months.

04:04 Three months is for us to adjust and readjust.

04:07 Maybe from the quantum, SOP, request, feedback,

04:14 feedback from the holders, from the participants.

04:18 We will get this feedback in three months.

04:20 We will do an assessment in September.

04:23 Thank you.

04:24 [END]

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