Incorporating Employment (Amendment) Act 2022
<--
-->
jQuery Carousel
Member Login

  User ID
  Password
 
Forgot Password
   

MEF Academy Events
 04[Face To Face] Criminal Misconduct4 March 2024; 9am-5pm
 05[Face To Face] Termination Of Employment5-6 March 2024 (9am-5pm)
 05[KK] GET IT RIGHT - MASTERING THE APPLICATION OF LABOUR ORDINANCE (SABAH CHAP. 67) & THE RULES5-6 March 2024 (9.00 AM – 5.00 PM)
 06[Face to Fece] TATACARA MENANGANI MASALAH DISIPLIN6-7 Mac 2024 (9.00 AM – 5.00 PM)
 07[Sarawak] GET IT RIGHT - MASTERING THE APPLICATION OF LABOUR ORDINANCE (SARAWAK CHAP. 76) & THE RULES7-8 March (Confirmed); 14-15 March (Bintulu); 19-20 March (Miri); 26-27 March (Limbang)
 14[IT] Microsoft Excel Essential Skills (Level 1 & 2)14-15 March 2024 (9.00 AM – 5.00 PM)
 14[IT] HR Dashboard Analytics14-15 March 2024 (9am - 5pm)
 18[MSOSH] Occupational Safety and Health Coordinator Trained Person 18, 19 and 20 March 2024 (9:00 AM – 5:00 PM)
 20[Thanjomi] Critical and Creative Thinking20-21 March 2024
 29[Thanjomi] PRODUCTIVITY IMPROVEMENT IN THE WORKPLACE Through ARTIFICIAL INTELLIGENCE 29-30 April 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/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.