Incorporating Employment (Amendment) Act 2022
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MEF Academy Events
 04[ITD] Certificate in Human Performance Technology4-6 October 2023 (9.00 AM – 5.00 PM)
 09[IT] Microsoft Excel Functions & Formulas 9-10 October 2023 (9.00 AM – 5.00 PM)
 10[Face to Face] Harness the power of AI for HR10-11 October 2023 (9.00 AM – 5.00 PM)
 10[IT] Interactive Visual Dashboard Reporting and Analysis with Microsoft Excel10-11 October 2023 (9.00 AM – 5.00 PM)
 11[IT] Power BI Desktop Essential Skills11-12 October 2023  (9am - 5pm)
 16[PJ] HRD Corp Certified Train The Trainer16-20 October 2023 (9.00 AM – 5.00 PM)
 17[UCSI] Blue Ocean Shift to Beyond Disruption17-18 October 2023 (9.00 AM – 5.00 PM)
 17[JB] EMPLOYMENT (AMENDMENT) ACT 2022 17 October 2023 (9.00 AM – 5.00 PM)
 18Panduan Praktikal Untuk Pengurus Sumber Manusia Tentang Akta Keselamatan Sosial Pekerja 1969 (AKTA 4)18 Oktober 2023 (9.00 AM – 5.00 PM)
 23[IT] Tasks Automation with Microsoft Excel Macro / VBA (Fundamental & Intermediate) 23-24 October 2023 (9.00 AM – 5.00 PM)
 25Handling Misconduct Relating To Absenteeism25 October 2023  (9.00 AM – 5.00 PM)
 27[UCSI] Power Presentation27-28 October 2023 (9.00 AM – 5.00 PM)
 

Key Statistics
Type of Statistics to view:      

2019 2020 2021 2022e 2023f
Key Indicators*   
Population (million)32.432.632.632.732.8
Real GDP (% Growth)4.4-5.63.16.5 - 7.04.0 - 5.0
Per Capita Income (RM)45,21242,59846,05150,31453,286
GDP Per Capita (USD)11,231.410,231.311,449.612,207.912,904.6
CPI (2010 = 100)121.5120.1123.1N/AN/A
CPI (% Growth)0.7-1.22.53.12.8 - 3.3
Labour Indicators*   
Labour Force ('000)15.581.615,667.715,797.215,933.116,140.2
Labour Force Particpation Rate (%)68.768.468.668.5N/A
Employment ('000)15,073.414,956.715,064.215,303.715,563.9
Unemployment Rate (%)3.34.54.63.8 - 4.03.5 - 3.7
Labour Productivity2.2-5.31.84.1N/A
Foreign Workers ('000)1,999.61,483.41,171.91,244.4N/A
No. of Collective Agreements signed29818785N/AN/A
Collective Agreements signed
(workers covered, thousands)		N/AN/AN/AN/AN/A
Average Salary Increase**
Executive (%)5.15%4.82%4.40%5.26%5.44%
Non Executive (%)4.96%4.79%4.43%5.35%5.43%
Average Bonus Granted**
Executive (months)1.901.941.582.062.18
Non Executive (months)1.671.651.441.772.06
 
eEstimates  
fForecast  
Source: * Data compiled from Economic Outlook 2023, Ministry of Finance Malaysia
             ** MEF Salary Surveys for Executives & Non Executives

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