HR minister calls for salary bump in high-tech industry to stave off brain drain

Malay Mail
Malay Mail

KUALA LUMPUR, Feb 24 — Human Resources Minister V. Sivakumar has urged employers in the high technology industry to offer better wages for the sake of retaining employees.

This will help prevent skilled workers and graduates from leaving the country, which in turn will stem the country’s brain drain.

“Jobseekers who are looking for employment in this industry are expecting a higher salary, although salaries are determined by the market.

“I am anticipating that in the long run, the wages determined by the market under this industry will increase in stages.

“If employers do not offer increment, we will lose skilled workers to other countries as they seek higher wages on par with their education and qualifications,” Sivakumar told a press conference here at the Parliament building today.

He added that, salary increment is one of the mechanisms by which skilled workers can be retained, as wages determine whether they end up leaving the country in search of better prospects.

The Human Resources Ministry received a higher allocation compared to what was announced in Budget 2022, from RM1.3 billion to RM1.4 billion.