Wednesday, November 9, 2011

TMI - Selangor unveils RM1,500 minimum wage policy

SHAH ALAM, Nov 9 — A RM1,500 minimum wage floor will be introduced at all Selangor-linked corporations, Mentri Besar Tan Sri Khalid Ibrahim announced while tabling the state Budget today.

He also said a half-month bonus or at least RM500 will be paid out to each of the state’s civil servants.

The Bandar Tun Razak MP said the minimum wage policy “will begin with state-owned companies with stable finances” such as the Selangor State Development Corporation (PKNS) and Selangor Agricultural Development Corporation (PKPS).

“A RM10 million fund will also be set aside for those (corporations) that are still financially unstable and unable to bear the cost of this policy,” he said.

But Khalid told a press conference later that the fund would go towards workers’ training to justify the increase in salary.

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