tag:blogger.com,1999:blog-6297413898275266606.post3857144556344254677..comments2024-03-27T18:15:59.096+08:00Comments on Economics Malaysia: Minimum Wage Portalhishamhhttp://www.blogger.com/profile/06265308095732759923noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6297413898275266606.post-25791467614166232792013-12-11T10:03:58.079+08:002013-12-11T10:03:58.079+08:00@anon
The line for me is approximately 40% of the...@anon<br /><br />The line for me is approximately 40% of the median income level, which is the generally accepted level above which a minimum wage would start having significant disemployment effects.<br /><br />And I think your last argument is incorrect, given that the minimum wage is expected to affect 3 million workers, or about 20% of the labour force. The minimum wage will not create a hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-70423711562403627102013-12-10T16:15:46.001+08:002013-12-10T16:15:46.001+08:00Well, where do you draw the line?
Should rank an...Well, where do you draw the line? <br /><br />Should rank and file police personnel be paid a minimum wage? What about drivers, barbers, beauticians, manicurists, security guards...the list goes on? <br /><br />Should a burger flipper or a short-order cook in a fast food restaurant be paid a minimum wage? What about a domestic helper? <br /><br />And how do you determine what is a fair and Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-22231571388165954402013-12-09T21:30:26.836+08:002013-12-09T21:30:26.836+08:00Anon @4:54pm
You are referring mostly to manufact...Anon @4:54pm<br /><br />You are referring mostly to manufacturing jobs I believe. But there are a whole lot of jobs in the service sectors, construction sectors as well as oil & gas sector - the general worker that cannot be retrain so to speak, e.g. digging, you use a spade or changkok and that is it. Of course you can use machinery to improve productivity but you only need one driver.<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-64105242227145553142013-12-09T16:54:25.050+08:002013-12-09T16:54:25.050+08:00The whole argument about the “minimum wage" h...The whole argument about the “minimum wage" has gone hopelessly out of whack. <br /><br />No where do the vociferous proponents of the "minimum wage" in Malaysia emphasise the need for improved productivity and the continuous re-skilling and upgrading of the work force so that more and better-paid jobs can be created. <br /><br />And these better jobs will not come by magic or Anonymousnoreply@blogger.com