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New Wage Model for Building Sustainable Business and Workforce

The purpose of this study is to review the current wage system and propose a new wage model that can be applied to increase labor compensation while
promoting productivity and economic growth. Promoting equitable labor compensation and forming a model to mandate profit-sharing have been stated in the 12th Malaysian Plan to ensure that workers obtain a fair wage and could improve their standard of living.

There are three potential interventions to overcome the limitations of the current wage system which are (i) adopting Singapore’s Progressive Wage Model (PWM),(ii) developing guideline for better adoption of profit-sharing model and (iii) established a holistic governance body to monitor the whole structure of the wage ecosystem from pre-employment to post-employment.

For details, please contact our economist:

Muhamad Zharif Luqman Hashim

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Selected Projects

Informal Economy and Productivity Growth

New Dynamics of Global Supply Chains and Implications for Productivity

Premature Deindustrialization and Productivity Performance

New Wage Model for Building Sustainable Business and Workforce

Penyediaan Kajian Pelan Tindakan Khusus
Sembilan 2021-2025 (RPNS 2021-2025)

Study on Measures and Strategies to Increase Labor Compensation

A study to develop an economy-wide model for refinement of medium-term labor market forecasting and evidence-based policy formulation

Jadual Input-Output Negeri & Rancangan Pembangunan Negeri Sembilan (RPNS)

Impacts and Consequences of Unemployment Insurance

State Productivity Assessment

Effects of Labor Market Conditions on Shadow Economy in Malaysia

Untapped Economically Active Labor Force to Promote Economic Growth and Productivity

The Need for Escaping the Wage Curse

Meniti Titian Hidup: Memahami Impak Badai Inflasi

Job Market Monitor: Climbing the Job Ladder among Graduates

Development of Leading Indicators of Unemployment Rates