13-month salary proposed by MP in Parliament
The Star
2024-10-22
Views 6.4K
A lawmaker has proposed a 13-month salary system to boost citizens' capital and encourage investment.
Sim Tze Tzin (PH-Bayan Baru) suggested in the Dewan Rakyat on Tuesday (Oct 22) that the additional month’s salary could be used for investments with greater returns, as well as for expenses like back-to-school shopping.
He urged both private companies and the government to consider the idea, noting that some private companies have already adopted the model, which is also common in other countries.
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Sim Tze Tzin (PH-Bayan Baru) suggested in the Dewan Rakyat on Tuesday (Oct 22) that the additional month’s salary could be used for investments with greater returns, as well as for expenses like back-to-school shopping.
He urged both private companies and the government to consider the idea, noting that some private companies have already adopted the model, which is also common in other countries.
Read more at https://tinyurl.com/yz8v4mnm
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
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