Economy ministry to engage stakeholders on progressive wage policy

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Economy ministry to engage stakeholders on progressive wage policy FMTNews FMTEng

Economy minister Rafizi Ramli said consultations will be held with key stakeholders, including the government, employers and workers, in coming up with a progressive wage policy.

“The final details and mechanisms of the policy will be decided based on comprehensive considerations,” he said. “They include the ability and cost implications for the private sector, phased implementation, and reaching a tripartite agreement among the government, employers and workers.” Syed Hussain also said handling wage-related policies does not fall under the purview of the economy ministry, but the human resources ministry.

 

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