Not too long ago, the Human Resources Ministry had proposed that the Malaysian minimum wage amount be raised from RM1,200 to around RM1,500. According to Human Resources Minister Datuk Seri Saravanan Murugan, the proposal is expected to be implemented sometime before the end of the year, and that the final amount is yet to be finalised, pending approval from the Cabinet.
AEON Retail Malaysia officially raises minimum wage of employees to RM1,500
However, it would seem that some larger multi-national corporations are already ready to welcome this new wage increase, as it has been reported by Sin Chew Daily that popular hypermarket chain AEON Retail Malaysia has already implemented a minimum wage increase to RM1,500, from the previous RM1,200. This salary increase will affect their Grade-G staff who are still drawing minimum wage amounts, and does not include any additional allowances or incentives that they may earn on top of their basic wage.
In a statement, AEON said that they welcome the Ministry’s proposal to increase the minimum wage amount and had taken the initiative to do so themselves among their own employees, with hopes that this new amount will help ease the financial burden experienced by some of their employees who are still surviving on minimum wage. The wage increase was implemented earlier this year on 1st January 2022.
Employee welfare is of utmost importance to the company
Dr Kasuma Satria, Chief Human Resources Officer and Corporate Communications director at AEON Malaysia, said that they consider the 13,000 employees under their care to be valuable assets, and that they considered taking care of their employee’s welfare to be an utmost priority. Kusama vows to also continue implementing new measures that will help enhance the company’s competitiveness, while also providing consumers with improved services and convenience.
It is worth noting that the proposal to increase minimum wage in Malaysia still remains a hotly contested topic among corporate employers, most notably with the Malaysian Employers Federation claiming that the move could potentially derail national economic recovery and alleging that the minimum wage increase would only seek to benefit foreign labourers, creating an outflow of currency.
For more news like this, follow us on Facebook by tapping here!
