‘Minimal wage improve to have domino impact on courier companies’



PETALING JAYA: The minimal wage of RM1,500 a month from Might 1 can have a “domino impact” on courier corporations and affect the trade, in keeping with the Affiliation of Malaysian Categorical Carriers (Amec).

President Teong Teck Lean stated whereas the affiliation helps the rise, it was of the view that it shouldn’t be finished abruptly.

“This big improve of 25% won’t solely contain workers incomes beneath RM1,500 however can even their high officers.

“It should have a ‘domino impact’ on the corporate, and the affect will probably be higher than anticipated,” Teong stated in an announcement yesterday.

He added that the extraordinary “value competitors” among the many home and overseas gamers had made it troublesome to make sure the survival of all corporations within the trade.

He additionally famous that the foreign-owned corporations have extra monetary sources in contrast with their native counterparts

“Each firm is racing to constantly decrease costs to beneath price within the hope of surviving within the trade,” he stated, including that the native courier corporations are struggling losses, which can in flip have an effect on greater than 150,000 staff nationwide. Most of them are within the B40 group.

“Straight and not directly the affect of the fierce competitors may have a unfavorable affect on about 600,000 folks if staff’ households are to be included,” he identified.

Whereas Amec welcomes the directive to extend the minimal wage, there must also be laws on minimal costs to make sure “honest competitors” in order that the native corporations can proceed to outlive, in keeping with Teong.

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