Executive, nonexecutive salaries to rise 5.4pct - MEF

Salaries for executives and non-executives in Malaysia are expected to increase by 5.44 percent and 5.43 percent, respectively, in 2023, according to a survey by the Malaysian Employers Federation (MEF).

President Syed Hussain Syed Husman said approximately 90 percent of companies surveyed attributed employees’ performance as the main criteria for determining executive and non-executive salary increases.

“The business respondents seemed to...