\n<\/p>\n
KUALA LUMPUR, Oct 8 \u2014 Malaysian professionals could earn significantly higher working in neighbouring Singapore compared to just a median income of around RM6,000 here, according to a study, highlighting a stark wage disparity that Putrajaya is seeking to address through targeted tax incentives and wage growth initiatives.<\/p>\n
Human Resources Minister Datuk Seri R Ramanan said in a written parliamentary reply that data from the Statistics Department’s 2025 wage survey placed the median monthly wage for professionals in Malaysia at RM6,124 ($1,430).<\/p>\n
By contrast, a study by government agency TalentCorp showed that a majority of Malaysian professionals employed in Singapore earn between SG$4,001 (RM12,773) and SG$7,000 (RM22,348) per month.<\/p>\n
“A 2024 study conducted by Talent Corporation Malaysia Berhad (TalentCorp) titled Push and Pull Factors Influencing Malaysians to Work in Singapore and Proposes Relevant Policy Recommendations<\/em> found that 94.5 per cent of respondents cited higher salaries and better earning potential as the primary factor attracting them to work in Singapore,” the minister said.<\/p>\n The earnings gap is most pronounced in high-tech sectors, he added, with TalentCorp finding that skilled Malaysian professionals in Singapore can command monthly salaries exceeding SG$10,000 (RM31,926), particularly in information technology.<\/p>\n The Anwar government has deployed a progressive wage policy model designed to uplift workers earning below RM5,000 a month to curb talent outflow and boost local compensation.<\/p>\n Malaysia is also rolling out tax relief mechanisms under the Johor-Singapore Special Economic Zone (JS-SEZ), introducing a flat 15 per cent personal income tax rate for eligible knowledge workers employed by companies in the zone.<\/p>\n The tax incentive is aimed at inducing Singapore-based firms to relocate operations across the border to Johor, allowing businesses to optimise operational costs while offering higher salaries to local workers.<\/p>\n Malaysian professionals earning the national median wage of RM6,124 per month are typically subject to a standard personal income tax rate of 19 per cent.<\/p>\n Ramanan said Putrajaya is also utilising TalentCorp’s Returning Experts Programme which also features a flat 15 per cent tax rate as part of a broader strategy to incentivise Malaysian talent abroad to return home.<\/p>\n<\/div>\n KUALA LUMPUR, Oct 8 \u2014 Malaysian professionals could earn significantly higher working in neighbouring Singapore compared to just a median income of around RM6,000 here,…<\/p>\n","protected":false},"author":1,"featured_media":91994,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[2611],"tags":[],"class_list":["post-91993","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-headlines","wpcat-2611-id"],"brizy_media":[],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/91993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=91993"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/91993\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/91994"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=91993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=91993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=91993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n
\n
Read Full Article At Source <\/a>
\n