Malaysia Salary Guide 2016

In fact 53 of malaysians consider salary and benefits as a top priority when choosing a job according to the 2016 hays asia salary guide.

Malaysia salary guide 2016. Malaysia personal income tax rates two key things to remember. Simply click below to download your copy of the 2019 malaysia salary guide. The greater china south east asia book consists of 9 countries is free and covers mainland china hong kong indonesia malaysia philippines singapore taiwan thailand and vietnam. In other words 5 out of 10 malaysians view salary prospect as one of the main deciding factor when choosing a job or career.

For employees who receive wages salary exceeding rm5 000 the employee s contribution of 11 remains while the employer s contribution is 12. Salaries range from 1 670 myr lowest average to 29 400 myr highest average actual maximum salary is higher. A person working in malaysia typically earns around 6 590 myr per month. Tax rates are on chargeable income not salary or total income chargeable income is calculated after tax exemptions and tax reliefs more below.

The minimum employers share of epf statutory contribution rate for employees above age 60 who are liable to contribute will be reduced to four 4 per cent per month while the employees share of contribution rate will be zero per cent. Calculate how your salary stands against industry benchmarks if you would like to gain a better understanding of typical salaries and how certain salaries compare to others over the past 12 months in the same industry you can do a salary check today. To view our salary guide simply download a copy today by following the prompts and check out the key employee trends from the guide. You will never have less net income after tax by earning more.

Malaysia employment outlook and salary guide 2016 2017. Salaries vary drastically between different careers. For our previous years salary guides. Overall we expect to see ongoing demand for specialist talent across a range of industries.

2015 insight hiring activity in 2015 was slower overall. This is the average monthly salary including housing transport and other benefits. Tax rates are progressive so you only pay the higher rate on the amount above the rate i e. Browse job salaries by company location experience and more from data provided by real employees.

The guide benchmarks the salaries of various job functions across different sectors including finance accounting technology as well as sales and marketing. The michael page salary benchmark is our annual salary guide developed as a reference for hiring managers and job seekers to make informed employment decisions in malaysia. Now in its twenty first edition the robert walters annual salary survey is the most comprehensive review of professional salaries and recruitment trends around the world.