Incorporating Employment (Amendment) Act 2022
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MEF Academy Events
 28[IT] Microsoft Excel Functions & Formulas28-29 November 2022  (9.00 AM – 5.00 PM)
 29[UNITAR] MASTER OF BUSINESS ADMINISTRATION (November Intake)(November Intake)
 02[UCSI] Power Presentation2-3 December 2022
 05[Face to Face] Occupational Safety and Health Coordinator Trained Person 5 -7 December 2022 (9:00 AM – 5:00 PM)
 05[SVTT] Health Safety Environment5 December 2022 (9.00 AM – 5.00 PM)
 06[IT] Microsoft Excel Essential Skills6-7 December 2022 ; 5-6 January 2023  (9.00 AM – 5.00 PM)
 08WEBINAR ON EMPLOYMENT (AMENDMENT) ACT 20228 December 2022 (9.00 AM – 5.00 PM)
 09The updated Malaysian Code on Corporate Governance (MCCG 2021) 9 December 2022 (9.00 AM – 5.00 PM)
 15[Face to Face] Negotiating for Results15-16 December 2022 (9.00 AM – 5.00 PM)
 15[Face to Face] The Practical Aspects of Collective Agreement Negotiations15-16 December 2022 (9.00 AM – 5.00 PM)
 20Assessment of the Board, Committees & Directors and Nominating & Remuneration Committees20 December 2022 (9.00 AM – 5.00 PM)
 05[IT] Microsoft Excel Essential Skills 5-6 January 2023  (9.00 AM – 5.00 PM)
 

Key Statistics
Type of Statistics to view:      

2018 2019 2020 2021e 2022f
Key Indicators*   
Population (million)32.432.432.632.732.9
Real GDP (% Growth)4.84.4-5.63.0 - 4.05.5 - 6.5
Per Capita Income (RM)42,62745,21242,59845,15748,187
GDP Per Capita (USD)11,079.811,231.410,231.311,124.712,295.7
CPI (2010 = 100)120.7121.5120.1123.1N/A
CPI (% Growth)1.00.7-1.22.42.1
Labour Indicators*   
Labour Force ('000)15,280.315.581.615,667.715,847.916,117.3
Labour Force Particpation Rate (%)68.368.768.468.5N/A
Employment ('000)14,776.015,073.414,956.715,179.0N/A
Unemployment Rate (%)3.33.34.54.6 - 4.84.0
Labour Productivity2.42.3-5.56.0N/A
Foreign Workers ('000)2,015.81,999.61,483.41,106.0N/A
No. of Collective Agreements signed29429818785N/A
Collective Agreements signed
(workers covered, thousands)
46.3N/AN/AN/AN/A
Average Salary Increase**
Executive (%)4.88%5.15%4.82%4.40%4.37%
Non Executive (%)4.88%4.96%4.79%4.43%4.17%
Average Bonus Granted**
Executive (months)2.181.901.941.581.82
Non Executive (months)1.951.671.651.441.66
 
eEstimates  
fForecast  
Source: * Data compiled from Economic Outlook 2022, Ministry of Finance Malaysia
             ** MEF Salary Surveys for Executives & Non Executives

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