RM1,700 minimum wage not a benchmark for grads, says MEF
It is unrealistic to expect a standard starting salary across the board for graduates, says the Malaysian Employers Federation.
Its president, Syed Hussain Syed Husman, said higher pay was typically offered in high-demand sectors such as technology, engineering, finance and healthcare, while labour-intensive sectors and smaller businesses operated on tighter margins.
Starting salaries for fresh graduates cannot be reduced to a single benchmark such as the RM1,700 minimum wage, as employers juggle with various factors, he said.
Employers were prepared to pay more when graduates could show they were job-ready and able to contribute quickly.
Syed Hussain was responding to remarks by human resources minister Steven Sim on Monday that the RM1,700 minimum wage was a safety…
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