Median monthly salaries for staff in Malaysia have grown 7.7%

The Department of Statistics, Malaysia (DOSM) has released its annual Salaries & Wages Survey for 2017, which reports that the median monthly salaries and wages received by employees rose 7.7% per annum from RM2,000 in 2016 to RM2,160 in 2017.

On the other hand, the mean monthly salaries and wages increased to RM2,880 as compared to RM2,657 in 2016, at a growth rate of 8.1%. Both these figures represent compounded annual growth rate, i.e. CAGR. 

The findings were presented by demographic and socioeconomic characteristics, namely in gender, educational attainment, and strata.

By gender

According to the report, median monthly salaries and wages for both male and female employees posted high growth of 8.2% and 7% respectively. In terms of mean monthly salaries and wages, female employees recorded a higher growth of 9.1% while male employees were at 7.5%, also at CAGR.

Lead Photo / Department of Statistics, Malaysia Graphics / Department of Statistics, Malaysia