What is PLWS?
| A system that establishes a closer relationship between wages and productivity or the performance of employees or companies. | |
| Provide benefits to employees and employers. | |
| Allowing employees to enjoy their proper share of productivity and improving the quality of life of employees. |
As of today,
100209
Employers have implemented PLWS
6290785
Employees have enjoyed PLWS benefits
These figures have shown that many employers have been interested in implementing PLWS. Productivity is one of the main factors and influences for the country’s economic growth and the standard of living for its people. Therefore, the increase in productivity is strategically a key in enhancing the country’s economic competitiveness while at the same time is helping companies to improve their performance and profitability. Realising the importance of enhancing productivity of companies and our country, the government through the Department of Industrial Relations Malaysia has introduced PLWS and is actively promoting PLWS.
Why PLWS?
01
Establishes a closer link between wages and productivity so as to enhance competitiveness.
02
Ensures that wage increase commensurate with higher productivity growth.
Benefits of PLWS
01 |
The payment of wages will be adjusted according to economic performance and this will alleviate the negative impacts on employers and employees. |
02 |
Ensuring employment stability and reducing the probability of retrenchment during an economic slowdown. |
03 |
Creating a win-win situation for both parties. |
04 |
Enabling companies to adjust their policies according to the current economic situation. |
05 |
Improving job specialization according to skill and enhancing the career of employees. |
06 |
Improving employees; motivation dan job statisfaction. |
Benefits of PLWS Implementation
