Basic salary RM1700 in Malaysia

 


The government in any parts of the world do not find ways to maintain the cost of living instead of looking way out to increase the cost, which would eventually be the inflation. 

Many old people who were borne in the 50s ,still think of the days of 5 cents for a big loaf of bread.

Will increasing of salary provide good standard life?

The AI responded as: 

Basic salary is needed in modern days for financial stability, career planning, and worker protection; it provides a predictable income for daily living, serves as the foundation for a compensation package, and ensures workers are not exploited by guaranteeing a minimum income standard. 
Financial Stability
  • Budgeting and Planning: 
    A base pay provides a consistent and predictable income, making it easier for employees to budget, manage their finances, and plan for their future. 
  • Meeting Basic Needs: 
    Basic salary, especially as a minimum wage, ensures that employees can cover their daily living expenses and meet their fundamental needs. 
Compensation and Career 
  • Foundation of Compensation: 
    Basic salary is the fixed, regular pay that serves as the core component of an employee's overall compensation package, forming the basis for additional payments like bonuses and allowances.
  • Career Growth: 
    Knowing your base pay is crucial for understanding your financial standing and planning your career path, as it helps you assess opportunities for advancement and negotiation.
Worker Protection and Fairness 
  • Preventing Exploitation: 
    Basic salary, particularly through minimum wage laws, protects workers from exploitation by establishing a baseline for their compensation, ensuring they receive a fair wage for their work.
  • Ensuring Fair Income: 
    Basic salary helps ensure that all employees, regardless of industry, are compensated fairly for their labor and that a standard of living can be maintained


RM1,700 monthly min wage to be fully implemented from Aug 1

https://www.thestar.com.my/news/nation/2025/07/22/rm1700-minimum-wage-to-come-into-force-from-aug-1










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