Public, private sector salaries must go up 6%: KPMG
Page 1 of 1
Public, private sector salaries must go up 6%: KPMG
Public, private sector salaries must go up 6%: KPMG |
Business & Markets 2014 |
Written by Bernama |
Tuesday, 07 January 2014 15:42 |
KUALA LUMPUR (Jan 7): KPMG Malaysia is urging both the public and private sectors to gradually increase the salaries of their employees following the imposition of the goods and services tax (GST) next April.
Newly-appointed Managing Partner Johan Idris suggested a six per cent increase in employees salaries per annum to help tide over the high cost of living in Malaysia.
"Six per cent would be a good example to begin with especially after the GST implementation, new electric tariffs, petrol subsidy cuts and new toll rates," he told reporters after the launch of the second-edition of the 'Study on Non-Executive Directors 2013 - Profile and Pay' publication.
Johan said that the GST implementation was inevitable as Malaysia is a developing country.
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Similar topics
» Public IB maintains forecasts for Daya pending private placement
» Private sector taps schools
» BNM: Net financing to private sector up RM22.3bil in May
» ‘Strong private sector behind robust economy’
» Pharmaniaga bullish on private sector sales
» Private sector taps schools
» BNM: Net financing to private sector up RM22.3bil in May
» ‘Strong private sector behind robust economy’
» Pharmaniaga bullish on private sector sales
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum