About HKTDC | Media Room | Contact HKTDC | Wish List Wish List () | My HKTDC |
繁體 简体
Save As PDF Print this page

MALAYSIA: 20% of Overseas Workers’ Salaries to be Retained by Employers Pending Contract Completion

Companies should hold back 20% of the basic salary payments accruing to overseas staff pending completion of their contracted employment periods, according to a new advisory notice issued by the country’s Human Resources Ministry (HRM). The move is intended to reduce the financial losses resulting from foreign workers skipping the country while still having outstanding work commitments. The proposal is currently under consideration by the Labour Advisory Council, with no date yet announced for its formal adoption.

In a related move, the overseas worker recruitment process is set to migrate to a wholly-online system. This will see the HRM responsible for handling all applications, while the Ministry of Home Affairs will have the final say on individual approvals and rejections.

Content provided by Picture: HKTDC Research
Comments (0)
Shows local time in Hong Kong (GMT+8 hours)

HKTDC welcomes your views. Please stay on topic and be respectful of other readers.
Review our Comment Policy

*Add a comment (up to 5,000 characters)