A few positive things from DOSM’s recent salary report:
• Malaysia’s median wage rose to RM3,000 in March (+5.5% y-o-y).
• The pay gap between genders is now almost equal.
• Wages went up for all age groups.
More numbers. 🧵
• Malaysia’s median wage rose to RM3,000 in March (+5.5% y-o-y).
• The pay gap between genders is now almost equal.
• Wages went up for all age groups.
More numbers. 🧵
1. Looking across age groups,
the most notable increase is among workers under 20, whose median wage surged by 13.3% to RM1,700.
^ This is probably due to the implementation of the minimum wage of RM1,700.
the most notable increase is among workers under 20, whose median wage surged by 13.3% to RM1,700.
^ This is probably due to the implementation of the minimum wage of RM1,700.
2. By race:
• Chinese employees recorded the highest median wage (RM4,482)
• Followed by Indian (RM2,900)
• And Bumiputera (RM2,545).
• Chinese employees recorded the highest median wage (RM4,482)
• Followed by Indian (RM2,900)
• And Bumiputera (RM2,545).
3. The broad increase in wages have evened the wealth distribution by a tiny bit.
In 2023, more than a third of formal employees earned less than RM2,000.
The percentage has declined to 27.4% in March—still unequal, but slightly better compared to last time.
In 2023, more than a third of formal employees earned less than RM2,000.
The percentage has declined to 27.4% in March—still unequal, but slightly better compared to last time.
4. By state, WPKL still has the highest median monthly wage (RM4,445).
^ This means that 1 in 2 people living in KL earned more than RM4,445 as of March. 😯
^ This means that 1 in 2 people living in KL earned more than RM4,445 as of March. 😯
Read the full report:
storage.dosm.gov.my/labour/formal_…
storage.dosm.gov.my/labour/formal_…
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