Unions want targeted benefits for workers

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Unions want targeted benefits for workers
Malaysia Latest News,Malaysia Headlines
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(Reuters) - Thanasi Kokkinakis and Nick Kyrgios will team up for doubles at next month's Australian Open, and the entertaining local duo is aiming to dazzle crowds at the Grand Slam again.

PETALING JAYA: A 5% pay rise is unlikely to significantly alleviate the financial burden of employees, particularly those in the lower-paying sectors. Instead, more comprehensive measures like targeted support for low- and middle-income earners would better address their needs, said unions.

However, Malaysian Trades Union Congress president Mohd Effendy Abdul Ghani said the projected salary adjustments, while signalling progress, fell short of addressing the challenges of financial stability and equitable growth. On companies intending to maintain their current workforce rather than hiring, Mohd Effendy cautioned that this could lead to increased workloads for existing employees without proportional increases in compensation, further fuelling dissatisfaction.

“But job security remains a major concern, particularly in industries experiencing rapid changes or economic uncertainties. Mohamed Shafie said the implementation of non-monetary benefits such as flexi hours and work-from-home policies were also vague. Industries like energy and shared services are leading in base salary offerings while certain job roles will also see a “notable shift” in demand and pay.

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