Home » Country Profiles
Select a country/region

Malaysia-LABOUR MARKET

Labour market indicators


Unemployment rate in 2001 : 3.9% (ILO data)


Working population:

Year Total Population Working population Activity rate
2004
25 209 106  
11 005 791  
44%  
Source: World Bank


Employment by sector:

Year
Agriculture
Industry
Services
2004  
14.8%  
30.1%  
55.1%  
Sources: ILO, Eurostat, last available data


Employment contracts


Employment contracts are regulated by legal clauses. Within major companies and within certain sectors, collective agreements can complement them.
The terms of employment contracts cannot be changed. The conditions for hiring are rather rigid while the limits for dismissal are flexible.


Salaries


National monthly minimum wage as of 01/01/03 : No legally mandated national minimum wage

Average wage for a employee in the manufacturing industry in 2001 : 1,531 ringgit by  month (ILO data)


Social security contributions


Employer: 1.5 %.

Employee: 0.5 %.



Number of hours



Legal definition of full time work (per week): 48 hours


Retirement age:


55


Unions


Average rate of union membership: 10 %.

Unions: There is only one official trade union, " Malaysian Trade Union Corporation " ( MTUC).


Useful links


For further informations on the labour market, check out the following web sites:

- International Labour Organization (ILO): studies, statistics and reports on working conditions and labour markets

- NATLEX : ILO database on national labour laws

- Ministry of Human Resources


All Offers/Products/Company Profiles/Images and other user-posted contents are posted by the user and Tradett shall not be held liable for any such content. However, Tradett respects the intellectual property, copyright, trademark, trade secret or any other personal or proprietary third party rights and expects the same from others. To see our intellectual property policy and for intellectual property rights click here.