A new study done by JobStreet Malaysia showed that salaries within the country have increased in 2021 in comparison to 2020.
In the Salary Report 2022, employees in public service, education, consumer goods, and transportation had their salaries increased but those in communication services and media industries faced pay cuts.
Malaysians have reacted to the study with some believing that salaries have not increased enough to meet inflation.
Jun Wei reads the report as just a statistic as it does not translate to a better quality of life.
He said, “Many employers also sneakily cut other benefits to save more, so an increased in monthly salary don’t do much.”
In 2003, despite earning RM800 he was able to save 25% of his salary and give RM 150 to his parents.
“Today even with RM 3,000 it is hard to save 10 percent of it unless you live like a hermit,” he said.
Shaun Khee says that with inflation caused by the pandemic, mediocre increment means nothing. The prices of goods like vegetables are more expensive.
“It all comes back to nothing,” he said.
Inflation has eaten up whatever increase there was in salaries.
Recently, a Malaysian social media account has gone viral for posting salaries of people across industries.
Named the Malaysian Pay Gap, it proved that some industries were underpaying their employees, raising a discussion among the public.
-HR HUB
