Yesterday, 2 May 2021, The Malaysian Employers Federation (MEF) made an appeal to Prime Minister Tan Sri Muhyiddin Yasin to delay the review of minimum wages which is due in February 2022.
Image via LinkedIn
MEF president Datuk Syed Hussein Syed Husman voiced out his concern in a statement yesterday explaining that, it is not the right time to add the cost of doing business now as employers had to desperately downsize their workforce which resorted to the retrenchment of some employees as well as imposing pay cuts between 30 per cent and 50 per cent due to Covid-19.
Image via Malay Mail
“MEF is of the position that the status quo should remain for the next two years at least in view of the pandemic.
“We appeal to the government not to add to the burden of employers at this juncture with the pandemic still flaring, and give the employers some breathing space to stabilise the business and create employment,” Datuk Syed explained.
Image via AskLegal
MEF responded after Muhyiddin’s broadcast yesterday. In his 2021 Workers’ Day speech, he mentioned about reviewing the minimum wage to ensure the earnings of workers remain relevant with current economic conditions.
I think MEF has a valid point. Don’t get me wrong, it is a terrible feeling to be paid lesser than what you’re supposed to be paid but with the rate of the economy right now due to Covid-19, we need to count our blessings and work with what we are able to at the moment, as harsh as it may sound.
Credits to Malay Mail for the initial coverage.