EmporikiTrade.com
Crédit Agricole's logo
 Login

 Password

 Register here
Country Trading Profiles Market Information Assistance

Home > Country Trading Profiles > Malaysia > Labour market

COUNTRY TRADING PROFILES

Print the page Click to print the page

Labour market

The active population in figures | Working conditions | Cost of labor | Social partners

The active population in figures


2009201020112012 (e)2013 (e)
Labor force -12,200,000---
Rate of activity (%) -62.0---
Unemployment rate (%) 3.63.33.23.13.0

Source: CIA - The world factbook ; UN - United Nations ; World Bank

 

Note: (e) Estimated data

Return to top

Working conditions

Legal weekly duration
48 hours a week.
Retirement age
There is no legal age for retirement in the private sector even if the EPF (Employment Provident Fund) considers people are eligible from 55 for men and 50 for women.
Working contracts
Called "Contract of Service" or "Contract of Employment", the contract is deemed to exist as soon as the employee starts to work. There are fixed-term contracts and open-ended contracts.

Return to top

Cost of labor

Minimum wage
No legally mandated national minimum wage
Average wage
USD 5,751 per year (women)
USD 15,861 per year (men)
Social contributions
Social security contributions paid by employers: 1.5 %.
Social security contributions paid by employees: 0.5 %.

Return to top

Social partners

Social dialogue and involvement of social partners
There are two national organizations: the Malaysian Trade Union Corporation (MTUC) and the Congress of Unions of Employees in the Public and Civil Service (CUEPACS).
Unions
National Union of Journalists Malaysia
Unionization rate
9.5% of workers are unionized.
Labor regulation bodies
Ministry of Human Resources

Return to top

© Export Entreprises SA, all rights reserved.
Last updates: May 2012

English flag   greek flag

ECONOMIC INDICATORS

Compare the potential of your markets :