00:01Malaysia's wage policies must place greater emphasis on hourly productivity to ensure fairer outcomes for workers, particularly those in semi
00:10- and low-skilled jobs, says the chief economist of a local think tank.
00:15Yusof Sa'ari of the Centre for Future Studies Berhad warned that wage policies should not rely solely on general
00:22indicators per worker, saying they risk reducing wage growth to nothing more than an operational cost for employers.
00:30Such a stance, he said, underplays the reality that many semi-skilled and low-skilled workers put in longer hours
00:38and greater effort, yet continue to receive lower pay.
00:42Yusof was commenting following the release of a recent World Bank report titled Raising the Ceiling, Raising the Floor, The
00:49Jobs Agenda as a Productivity Agenda.
00:52According to the report, labour productivity per worker in Malaysia has increased at a slower pace than real wage growth.
01:00Panewjo, FMT.
Comments