Countries
Employer of Record in Malaysia
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Malaysia Fast Facts
Payroll in Malaysia
Wages
Daily minimum wages range from 65.38 MYR to 76.92 MYR. Monthly minimum wages range from 1,700 MYR to 2,000 MYR.
National minimum wages, excluding those based on piecework, are set at 1,700 MYR per month. This rate applies across various sectors, including manufacturing, services, and agriculture.
Salaries
The overall annual average salary in Malaysia is approximately 62,400 MYR per year, with monthly ranges from 3,000 MYR to 5,200 MYR, depending on the position and experience. The monthly median salary in Malaysia is around 4,000 MYR.
By gender, the average annual salary for men is 152,753 MYR, while the annual average salary for women is 103,463 MYR.
Salaries by location in Malaysia
Kuala Lumpur: Known for offering salaries 15% higher than the national average for junior roles and 10% higher for mid-level roles, especially in sectors like finance, IT, and services.
Penang: Offers salaries 5% higher than the national average for senior positions, particularly in manufacturing and electronics.
Payroll frequency
In Malaysia, employees are typically paid on a monthly basis, with salaries disbursed on or before the seventh day of the following month, as specified in the employment contract. Malaysian labor law mandates that remuneration must be paid at least once a month, ensuring regular income for employees.
Disclaimer: The information provided on or through this website is for informational purposes only and does not constitute legal advice. Safeguard Global expressly disclaims any liability with respect to warranty or representation concerning the information contained herein, including the lost essence, interpretation, accuracy and/or completeness of the information in transit and language translation.
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