Govt to look into need to extend progressive wage policy incentive, says Rafizi | TheStarTV.com

Govt to look into need to extend progressive wage policy incentive, says Rafizi

Published on 6 Aug 2024 9:23:38 PM

The government will consider extending the incentive for employers under the Progressive Wage Policy (PWP) from 12 months to 24 months to allow employers to benefit from higher productivity and skilled workers, said Economy Minister Rafizi Ramli.

Speaking to reporters after a public dialogue session on PWP on Tuesday (Aug 6), Rafizi stated that the extension of the incentive is expected to be implemented in October.

He also emphasised that employers should not view the PWP as an additional cost, but rather as a measure aimed at accelerating skill improvement among workers in small and medium enterprises.

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Keywords
news, rafizi ramli, implementation, economy ministry, progressive wage policy, government, wages

The government will consider extending the incentive for employers under the Progressive Wage Policy (PWP) from 12 months to 24 months to allow employers to benefit from higher productivity and skilled workers, said Economy Minister Rafizi Ramli.

Speaking to reporters after a public dialogue session on PWP on Tuesday (Aug 6), Rafizi stated that the extension of the incentive is expected to be implemented in October.

He also emphasised that employers should not view the PWP as an additional cost, but rather as a measure aimed at accelerating skill improvement among workers in small and medium enterprises.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, rafizi ramli, implementation, economy ministry, progressive wage policy, government, wages

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