![[Malaysia] Wages and salaries rose in 2024](http://gpa.net/cdn/shop/articles/bigstock-Kuala-Lumpur-Malaysia--Novemb-272961253_49dabc14-70e3-42c1-8b50-885c5330817c_1200x.jpg?v=1759913152)
In Malaysia, new research has revealed that more workers received regular pay in 2024, with both median and average salaries rising compared with the previous year. The data highlights positive progress but underlines ongoing gaps in gender, state, and job categories, RinggitPlus reports.
The Department of Statistics Malaysia’s (DOSM) Salaries and Wages Survey Report shows that the number of salaried employees increased by 1.3 per cent to 10.24 million people in 2024, compared with 10.11 million in 2023.
DOSM reportedly states that median monthly salaries rose by 7.3 per cent to RM2,793, up from RM2,602 in 2023. Mean monthly salaries grew by 6.1 per cent to RM3,652, compared with RM3,441 a year earlier. Together, these figures show that more Malaysians earned regular pay in 2024, and that earnings rose across both typical and average levels.
Male and female employees both recorded higher salaries in 2024 than in 2023. Male workers earned a median salary of RM2,850, up from RM2,675 the year before. Female workers earned RM2,641, compared with RM2,464 in 2023.
Despite women recording slightly faster growth, men continued to earn RM209 more at the median level, a ratio of 1 to 0.93. At the mean level, male employees earned RM3,759 in 2024, compared with RM3,532 in 2023, while female employees earned RM3,499, up from RM3,311.
Occupational differences also stood out in 2024, according to DOSM’s findings. Managers recorded the highest median salary at RM5,990, compared with RM5,825 in 2023. Professionals followed with RM5,821, up from RM5,741, while Technicians and Associate Professionals earned RM3,541, compared with RM3,472 a year earlier. Each of these was reportedly well above the national median of RM2,793.
For average pay, Managers earned RM7,121, Professionals earned RM6,524, and Technicians and Associate Professionals earned RM4,077. All figures were above the national mean of RM3,652, highlighting the stratification of pay by occupation, DOSM said.
The 2024 findings confirm that more Malaysians are earning regular pay, and that both median and mean salaries have increased compared with 2023. Yet the data also underscores long-standing inequality. The gender pay gap remains; higher-paying states continue to outpace others, and occupational differences show that certain groups earn significantly more than the national benchmark.
DOSM’s findings reportedly come as the country prepares for the next round of minimum wage adjustments in 2025, which are expected to bring incomes further in line with living costs.
Source: RinggitPlus
(Link via original reporting)
In Malaysia, new research has revealed that more workers received regular pay in 2024, with both median and average salaries rising compared with the previous year. The data highlights positive progress but underlines ongoing gaps in gender, state, and job categories, RinggitPlus reports.
The Department of Statistics Malaysia’s (DOSM) Salaries and Wages Survey Report shows that the number of salaried employees increased by 1.3 per cent to 10.24 million people in 2024, compared with 10.11 million in 2023.
DOSM reportedly states that median monthly salaries rose by 7.3 per cent to RM2,793, up from RM2,602 in 2023. Mean monthly salaries grew by 6.1 per cent to RM3,652, compared with RM3,441 a year earlier. Together, these figures show that more Malaysians earned regular pay in 2024, and that earnings rose across both typical and average levels.
Male and female employees both recorded higher salaries in 2024 than in 2023. Male workers earned a median salary of RM2,850, up from RM2,675 the year before. Female workers earned RM2,641, compared with RM2,464 in 2023.
Despite women recording slightly faster growth, men continued to earn RM209 more at the median level, a ratio of 1 to 0.93. At the mean level, male employees earned RM3,759 in 2024, compared with RM3,532 in 2023, while female employees earned RM3,499, up from RM3,311.
Occupational differences also stood out in 2024, according to DOSM’s findings. Managers recorded the highest median salary at RM5,990, compared with RM5,825 in 2023. Professionals followed with RM5,821, up from RM5,741, while Technicians and Associate Professionals earned RM3,541, compared with RM3,472 a year earlier. Each of these was reportedly well above the national median of RM2,793.
For average pay, Managers earned RM7,121, Professionals earned RM6,524, and Technicians and Associate Professionals earned RM4,077. All figures were above the national mean of RM3,652, highlighting the stratification of pay by occupation, DOSM said.
The 2024 findings confirm that more Malaysians are earning regular pay, and that both median and mean salaries have increased compared with 2023. Yet the data also underscores long-standing inequality. The gender pay gap remains; higher-paying states continue to outpace others, and occupational differences show that certain groups earn significantly more than the national benchmark.
DOSM’s findings reportedly come as the country prepares for the next round of minimum wage adjustments in 2025, which are expected to bring incomes further in line with living costs.
Source: RinggitPlus
(Link via original reporting)