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YOURSAY | Rakyat want smarter wages, taxes to ease cost squeeze

'What's the point of minimum wage increase if cost of living increases with more taxes?'

The Rakyat are calling for smarter wage policies and tax measures to ease the cost squeeze, according to Malaysiakini. The government is reviewing the RM1,700 minimum wage, and there is a push for a more structured approach that takes into account regional cost-of-living differences. Some suggest introducing a mandatory cost of living allowance (Cola) that is based on the locality where an employee lives and works, rather than implementing a uniform increase across the board.

This would provide a more rational and targeted approach, potentially easing the financial burden on small businesses while ensuring employees receive appropriate financial support.

Brief written by urgent.news from Malaysiakini's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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