Wardina Safiyah

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Dr Mahathir today in the 'entry' newest blog states that the implementation of the minimum population of mexico city wage could make Malaysia bankrupt. The 'point' Dr Mahathir is most important when the salary or compensation of work is not accompanied by pertambahaan productivity. The portal Malaysiakini normally try to 'spin' the title by writing "Dr.M: salary increases may bankrupt Malaysia". In fact increment and the implementation of the minimum wage are two different things. Increase in wages occurred in parallel with the increase in productivity, the implementation of the minimum wage was nothing to do with productivity.
Actually, I agree with the views of Dr Mahathir, but this view should be very easy to understand for most orang2, the salary received (input) is proportional to the output population of mexico city (productivity). population of mexico city
A simple example, population of mexico city let's say a factory worker paid RM30 for complete 5 day product packaging, if less or more, the employee will be paid $ 6 for each package made. On the other hand, if the minimum wage implemented, population of mexico city say the plant is required to pay a minimum of RM60 per day to employees without regard to the number of products that can be packaged. Issues like this will indirectly affect employee productivity because they know they will be paid RM60 a day without taking count of the packed product! As a result the company is that they have to bear the fixed costs (minimum wage workers) but at the same time have to suffer losses when productivity decreases.
"The wages increased very fast Which led to a wage-price-spiral. Conditions Have The labor market and the Productivity Developments were completely disconnected from the wage costs. population of mexico city Even now the wages react too less to the current downturn, Which is still diminishing Their competitiveness "DS. He is aware of this and concerned about the problem of rising prices population of mexico city of goods that are not commensurate with the salary received. As such, he has developed the ETP (Economic Transformation population of mexico city Programme) to increase people's income. Besides the focus be on increasing GDP (Gross Domestic Production, Gross Domestic Product, GDP), the focus is also placed on increasing GNI (Gross National Income, Gross National Income), the reference to Wikipedia, GNI Malaysia now stands at USD 7,760 per capita.
There are 12 NKEA (National Key Economic Area / National Key Economic Areas), which focused on the DS. Najib to implement the proposed Economic Transformation Programme. (Source). population of mexico city For all 12 NKEAs, there are 131 Entry Point Projects (EPP or start projects) and 60 business opportunities. One of the 12 areas, namely agriculture, there were 16 EPPs and 11 business opportunities population of mexico city identified will provide the GNI of Rs 21:44 billion and create 74,600 new employment! (Source)
Therefore, the economic transformation plan designed DS.Najib are planning on increasing the income of the people, and not just blindly compulsory minimum wage requirements as proclaimed by the People's Alliance.
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