As Malaysian businesses, especially SMEs, we’re always looking for ways to stay competitive and retain top talent. Enter the all-new Progressive Wage Policy (PWP), designed to motivate employees and also boost productivity, while aligning to the country’s goal for a fairer workforce.
The concept is simple – as skills and productivity increase, so does the salary. Instead of focusing solely on tenure, the PWP rewards employees’ growth and contributions directly, allowing businesses to offer more competitive salaries while also incentivising upskilling – all without breaking the bank.
Anyway, I’ve attached the guidebook from MOHR, which explains how this PWP can benefit your business. The guidebook also includes a table of starting basic salaries for entry level employees in selected sectors. It’s quite interesting to learn what the market rate is for freshies these days 😁
So, if you’re a fellow SME owner, embrace this opportunity for a more sustainable workforce. For more information on how to apply for the PWP subsidy, visit https://gajiprogresif.gov.my/
xoxoxo, AuntyHR
#PWP #DGP #WorkforceHarmony
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