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Incorporating Employment (Amendment) Act 2022
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MEF Academy Events
 23[Kuantan] Workplace Communication and Conflict Resolution Skills23-24 April 2024 (9.00 AM – 5.00 PM)
 23Handling Misconduct Relating To Absenteeism23 April 2024 (9.00 AM – 5.00 PM)
 23HR FOR BEGINNERS23 April 2024 (9.00 AM – 5.00 PM)
 24[KK] GET IT RIGHT - MASTERING THE APPLICATION OF LABOUR ORDINANCE (SABAH CHAP. 67) & THE RULES 24-25 April 2024 (9.00 AM – 5.00 PM)
 26Business Communication Series: Online Presentation Skills26 April 2024 (9.00 AM – 5.00 PM)
 29Business Communication Series: Presentation Skills (Intermediate Level)29–30 April 2024
 29[Thanjomi] PRODUCTIVITY IMPROVEMENT IN THE WORKPLACE Through ARTIFICIAL INTELLIGENCE 29-30 April 2024 (9.00 AM – 5.00 PM)
 30LEADERSHIP FOR SUPERVISORS30 April 2024 (9.00 AM – 5.00 PM)
 02[IT] Tasks Automation with Microsoft Excel Macro / VBA (Fundamental & Intermediate) &nbsp;2-3 May 2024 (9.00 AM – 5.00 PM)
 06[IT] Microsoft Excel Essential Skills (Level 1 & 2) 6-7 May 2024 (9.00 AM – 5.00 PM)
 06[IT] Microsoft Excel Functions & Formulas6-7 May 2024 (9.00 AM – 5.00 PM)
 13[IT] Manipulating Data Effectively with Microsoft Excel (Level 1 & 2) 13-14 May 2024 (9.00 AM – 5.00 PM)
 

Key Statistics
Type of Statistics to view:      

2019 2020 2021 2022e 2023f
Key Indicators*   
Population (million)32.432.632.632.732.8
Real GDP (% Growth)4.4-5.63.16.5 - 7.04.0 - 5.0
Per Capita Income (RM)45,21242,59846,05150,31453,286
GDP Per Capita (USD)11,231.410,231.311,449.612,207.912,904.6
CPI (2010 = 100)121.5120.1123.1N/AN/A
CPI (% Growth)0.7-1.22.53.12.8 - 3.3
Labour Indicators*   
Labour Force ('000)15.581.615,667.715,797.215,933.116,140.2
Labour Force Particpation Rate (%)68.768.468.668.5N/A
Employment ('000)15,073.414,956.715,064.215,303.715,563.9
Unemployment Rate (%)3.34.54.63.8 - 4.03.5 - 3.7
Labour Productivity2.2-5.31.84.1N/A
Foreign Workers ('000)1,999.61,483.41,171.91,244.4N/A
No. of Collective Agreements signed29818785N/AN/A
Collective Agreements signed
(workers covered, thousands)
N/AN/AN/AN/AN/A
Average Salary Increase**
Executive (%)5.15%4.82%4.40%5.26%5.44%
Non Executive (%)4.96%4.79%4.43%5.35%5.43%
Average Bonus Granted**
Executive (months)1.901.941.582.062.18
Non Executive (months)1.671.651.441.772.06
 
eEstimates  
fForecast  
Source: * Data compiled from Economic Outlook 2023, Ministry of Finance Malaysia
             ** MEF Salary Surveys for Executives & Non Executives

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