Incorporating Employment (Amendment) Act 2022
jQuery Carousel
Member Login

  User ID
  Password
 
Forgot Password
   

MEF Academy Events
 29[Face to Face] Certificate in Performance Coaching and Counseling29-30 Nov and 1 Dec 2023 (9.00 AM – 5.00 PM)
 01[IT] Power Query: Transforming Your Work Processes in Microsoft Excel 1 December 2023 (9am - 5pm)
 05[MSOSH] Occupational Safety and Health Coordinator Trained Person5 - 7 December 2023 (9:00 AM – 5:00 PM)
 06[JB] HR FOR BEGINNERS (English)6-7 December 2023 (9.00 AM – 5.00 PM)
 12[IT] Microsoft Excel Essential Skills (Level 1 & 2) 12-13 December 2023 (9.00 AM – 5.00 PM)
 12[IT] PowerPivot: Powerful Data Analysis and Data Modelling in Microsoft Excel 12-13 December 2023 (9.00 AM – 5.00 PM)
 14[Meridian Communications] How to Handle Journalists and the Tough & Tricky Media Questions, and Act Pre-emptively to Overcome Media Crises & Controversies14 December 2023 (9.00 AM – 5.30 PM)
 19[JB] MANAGING AND HANDLING PROBATIONERS19 December 2023 (9.00 AM – 5.00 PM)
 20[IT] Tasks Automation with Microsoft Excel Macro / VBA (Fundamental & Intermediate) 20-21 December 2023  (9.00 AM – 5.00 PM)
 20[AeU-MEFA] Master of Human Resource Management (MHRM) - January Intake 2024 January Intake 2024
 09[Face to Face] Harness the power of AI for HR9 – 10 January 2024 (9.00 AM – 5.00 PM)
 18[Face to Face] (MC) A Practical Guide for Human Resources Practitioners on SOCSO’s Legislation – Employees’ Social Security Act 1969 (Act 4) 18 January 2024 (9.00 AM – 5.00 PM)
 

Survey Summaries


MEF Salary Survey for Executives and Non Executives 2020
Published on 9 February 2022
 
 
The MEF Salary Survey Reports for Executives and Non Executives 2020 which were in twenty-sixth edition, provided comprehensive and strategic overview of salaries, annual increments and bonuses. The Reports were participated by 226 companies from manufacturing and non manufacturing sectors. The Executives report covered 179 benchmarked positions of 20,733 Executives while the Non Executives’ report covered 64,625 Non Executives with 138 benchmarked positions.
 
Highlights of the MEF Salary Survey for Executives and Non Executives in 2020 were:
 
  • The average salary increase for Executives in 2020 was 4.82% which was lower as compared to 5.15% in 2019.  The average salary increase for Non Executives in 2020 was also lower at 4.79% as compared to 4.96% in 2019.
  • The overall average forecasted salary increase for Executives in 2021 was 4.59% while the average forecasted salary increase for Non Executives in 2021 was at 4.57%.
  • The actual bonus granted for Executives in 2020 was 1.94 months while Non Executives were granted actual bonus of 1.65 months in 2020.
  • The average forecasted bonus for Executives in 2021 was 1.75 months while the average forecasted bonus for Non Executives in 2021 was 1.57 months
  • On the impact COVID-19, about 37% of the respondent companies indicated that they have reached the critical point of survival before June 2020 while another 32% of the respondent companies expected to reach the critical point sometime in 2021.
  • More than half of the respondent companies adopted hiring freeze of Executives and Non Executives in 2020 to cope with the impact of COVID-19 pandemic while approximately 38% of the companies maintained their recruitment practices.
 

Tags/Keywords
salary survey
 
/Side Banners/NMI_Mar2023.jpg
/Side Banners/PublicHoliday.jpg
/Side Banners/Membership-with-a-Click.jpg
/Side Banners/TalentCorp_170x55.jpg
/Side Banners/KWSP_170x104.jpg
/Side Banners/ace_170x153.jpg
/Side Banners/cape_170x50.jpg
/Side Banners/ioe_170x95.jpg
/Side Banners/ilo_170x90.jpg

   ©  Copyright 2023 Malaysian Employers Federation  |  All Rights Reserved.