Malaysian Employers Federation president Datuk Syed Hussain J.P. said having employment even at a lower starting pay would be a blessing these days, and it was not a surprise that fresh graduates were getting lower salaries, as this is being dictated by market forces.
Syed Hussain said some employers were still downsizing, besides implementing multi-skilling and multi-tasking efforts at the workplace to remain sustainable. “Employers are also looking at shorter-term employment, hourly pay, and outsourcing their non-core activities in order to remain viable,” he said in a statement today.
Syed Hussain was responding to a recent report from the Department of Statistics which indicated that fresh graduates recorded a decrease in monthly income, where the majority of them earned between RM1,001 and RM1,500 in 2020 compared to RM2,001-RM2,500 in 2019.
Glc/ board seats. Back that up, hodob