The government has agreed to raise the minimum wage from RM1,500 per month to RM1,700 per month, effective Feb 1, 2025, says Prime Minister Datuk Seri Anwar Ibrahim.
Meanwhile, Anwar said that the Progressive Wage Policy would be fully enforced next year with an allocation of RM200 million, benefiting 50,000 workers.
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Meanwhile, Anwar said that the Progressive Wage Policy would be fully enforced next year with an allocation of RM200 million, benefiting 50,000 workers.
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NewsTranscript
00:00The Madani government has always emphasized the issue of income.
00:04The economic structure is only considered successful
00:08when the people receive a salary and meaningful contributions
00:11to live a more comfortable life.
00:14For that, the government agrees to increase the minimum wage
00:19from 1,500 to 1,700 ringgit per month
00:25and will strengthen from February 1, 2025.
00:32The only hindrance is that the employer has less than five employees
00:39for a period of six months, which will be strengthened on August 1, 2025.
00:46In addition, the government will also provide guidelines
00:50for recruiting employees.
00:53So, this must be differentiated.
00:56The salary of a trained technical teacher,
00:59a graduate student, a university graduate
01:03cannot be used for 1,700 ringgit.
01:07They must be given consideration
01:10and we will monitor successful and big companies
01:13who are impatient to maintain the student salary
01:17at a low level as it is now.
01:20Progressive wages are the government's right
01:23to reform the labor market
01:25to increase the income of workers.
01:28This fund will be implemented in full in June
01:33and will be fully strengthened next year.
01:37A progressive wage of 200 million ringgit
01:40will benefit 50,000 workers.
01:43The IPR, the People's Income Initiative,
01:47aims to reduce poverty
01:50by increasing the income of the people.
01:53Through the IPR INSAN,
01:55Normal Adiana, which is a physical organization,
02:00helped her husband run a business
02:03and managed to increase the family's income by almost twice.
02:07And next year, 250 million ringgit will be provided
02:11to increase the participation of more poor people,
02:15including those who join the IPR program
02:18to increase their income.