Minimum Wage: Moving Malaysia Backwards

FACULTY OF BUSINESS AND ACCOUNTANCY University Malaya CSGB6101 Human Capital Management ------------------------------------------------- In the of late 2010, the issue of a token(prenominal) rent policy has been debated in Malaysia after nationwide picketing organized by the Malaysian batch Union Congress (MTUC). Prime Minister Datuk Seri Najib asked businesses to embrace uninfected and equitable wage as part of strategy to build Malaysia a high income nation. In this study, it is debated on why a minimum wage policy should not be implemented, and implications of its enactment.| marginal Wage: Moving Malaysia BackwardsGroup: Chua Siang Cher, Lance CGA090035Gan Chai Yee, Amelia CGA090033Chen Khong Ling CGA110039Abbas (Arad) Toushkan CGA100085| Semester 1, 2011/12| reviewer: Assoc. Prof. Dr. Angeline Tay| Purpose of this document: * This document provides an outline of the wage background in Malaysia, and opines a market forces policy.

Sections of the DocumentPage * Executive succinct 3 * Introduction4 * Overview of minimum wage of minimum wage in Malaysia5 * Literature review Definition and objectives of minimum wage6 existential evidence on minimum wage7 Weaknesses of minimum wage8 * Discussion 13 * Conclusion 14 * References Executive Summary Recent headlines like use up Wall Street which protest against the 1% elite of the military personnel monopolizing the world economy and setting the business rules has got the worlds attention on income inequality. The minimum wage policy is incessantly keenly debated as a tool to address the income inequalities in the labor market between the low and high-income groups. The debate of minimum wage in Malaysia heated up recently, with both labor interest group and employer interest group lobbying the government on behalf of their own agenda.... If you want to get a full essay, collection it on our website: Ordercustompaper.com

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