Daily HR News 13.11.2024
1. Malaysia’s labour market remained strong in September and Q3 2024: DOSM
Malaysia's labour market showed resilience in September and Q3 2024, with low unemployment rates and strong job creation, according to the Department of Statistics Malaysia (DOSM). The unemployment rate remained steady at 3.3%, reflecting a stable economic recovery. Employment in sectors such as services and manufacturing contributed to the continued growth in the nation's workforce.
2. Sarawak maintains civil service salary at RM1,500 per month
Sarawak has decided to maintain the civil service salary at RM1,500 per month despite calls for an increase. The state government emphasized its commitment to ensuring the stability of public service salaries while managing financial resources responsibly. This decision aims to balance fiscal prudence with the welfare of civil servants, who play a crucial role in state governance.
3. Could EPF dividends exceed 6pc this year? Experts believe so
Experts believe that the Employees Provident Fund (EPF) could potentially exceed a 6% dividend for 2024 due to strong market performance and improved investment returns. Despite global economic uncertainties, EPF’s diversified portfolio and strategic asset management could lead to higher-than-expected payouts. However, experts caution that the final dividend will depend on market conditions in the coming months.
4. RMMRU urges govt to investigate losses of Malaysia-bound workers caused by syndicates
The Refugee and Migratory Movements Research Unit (RMMRU) urges the Bangladeshi government to investigate the losses faced by Malaysia-bound workers due to syndicates. These illegal groups charge workers exorbitant fees for recruitment and documentation, causing financial strain. RMMRU emphasizes the need for stronger enforcement and regulatory measures to protect migrant workers from exploitation and ensure fair recruitment practices.
5. Govt considers cost structure for foreign worker recruitment in Sabah
The Malaysian government is considering a new cost structure for recruiting foreign workers in Sabah to address issues like high recruitment fees and exploitative practices. This proposal aims to reduce the financial burden on employers and workers while improving transparency. The government is working with stakeholders to create a fair and sustainable system for foreign labour recruitment in the state.
6. Malaysia observed an increase in rate of occupational injury in 2023
In 2023, Malaysia saw an increase in occupational injuries, with a notable rise in accidents reported across various industries. The uptick is attributed to factors such as insufficient safety measures, inadequate training, and a lack of enforcement of workplace safety regulations. Experts call for stronger workplace safety initiatives and better compliance with health and safety standards to mitigate the risks.