November 24, 2022
  • November 24, 2022

Average monthly wages, worker wages up 3.5% in 2021

By on October 4, 2022 0

PUTRAJAYA: Average monthly wages and salaries received by employees in Malaysia increased by 3.5% in 2021 to RM3,037 from RM2,933 in 2020, according to the 2021 Salary and Wage Survey Report released by the Department of Statistics (DOSM).

Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin (Photo) said the number of employees in Malaysia was 9.7 million people in 2021, an increase of 3.4% from 9.4 million people in 2020.

“The increase in monthly wages and salaries was partly due to economic and social activities which continued in the second half of 2021 after the country was hit by the Covid-19 pandemic,” he said in a press release following the publication of the report.

The report provides key statistics on wages and salaries which are the median and average monthly wages and salaries by demographic and socio-economic characteristics based on a survey conducted from January to December 2021 of all households across the country.

According to the report, median monthly wages and salaries recorded an increase from RM2,062 in 2020 to RM2,250 in 2021.

“In 2021, the median monthly wages and salaries received by men were found to be RM2,315 and female workers RM2,145, an increase of 10.6% and 6.2% respectively from 2020 .

“Men’s average monthly wages and salaries increased by 4.1% to RM3,085 and female workers increased by 2.7% to RM2,968 from the previous year,” said Mohd Uzir.

He said the median value and average monthly salaries as well as salaries of tertiary-educated employees recorded an increase of RM3,794 in 2021 from RM3,499 in 2020.

“This situation signals that the Malaysian economy is in a recovery momentum,” he said.

Mohd Uzir said that based on the report, the Federal Territory of Putrajaya recorded the highest average monthly wages and salaries of RM4,504, followed by Kuala Lumpur (RM4,013), Selangor (RM3,543), Labuan FT (RM3,268), Penang (RM3,080) and Negri Sembilan (RM3,045). – Bernama