Incorporating Employment (Amendment) Act 2022
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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)
 

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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