FINAL REPORT Final Report - NER 2018 6Mar2018 (For Publication) | Page 57

National Employment Returns (NER) 2018 Analysis by Sector The basic salary for Foreign employees within the Financial & Insurance/Takaful sector was 3 times more when compared to Malaysian employees. A higher median salary is also seen for Foreign employees from Information & Communication, Professional, Scientific & Technical, Education, and Arts, Entertainment & Recreation sectors. Figure 2.13 Median Monthly Basic Salary for Full-Time Employees by Nationality & MSIC Analysis by Occupational Structure Foreign employees in the high-skilled job categories received a higher salary from their employers when compared to Malaysian employees. For instances, Foreign employees within the Managers job category were offered higher salary, i.e. almost twice than the Malaysian employees (refer to Figure 2.14). Nevertheless, Malaysian employees in the semi to low-skilled job categories from Clerical Support Workers to Elementary Occupations categories generally received a higher salary from their employers when compared to their foreign counterparts. The latest minimum wage policy stipulates that the minimum wage for Malaysia is RM1,050. The wages paid to both Malaysian and Foreign employees in the lowest ladder of the job occupation levels were reported to be above the required minimum wage per month stipulated for both Peninsular Malaysia and East Malaysia. 53