Convene a tripartite taskforce to tackle employment and income crises | The Malaysian Insight

DISBURSEMENTS of the Prihatin package this month will bring welcome relief through emergency cash injections for B40 and M40 households and deferred loans, rent and other costs.

Workers are concerned at the limited legal force in the government’s directive to employers to keep paying full wages. However, by this point, shouldn’t MTUC’s public appeal for SME aid to safeguard workers’ welfare be presented at the planning table?Current policies still apparently operate with an underlying assumption of best case scenarios: SMEs have reserves, and the will, to ride out the shutdown, hence with a bit of help can subsequently get back on their feet.

Retrenched workers will have to subsist on retrenchment and EIS payments. Some SMEs might close shop altogether, or place workers on no pay leave for them to claim RM600 per month, and Bayaran Prihatin and Bantuan Sara Hidup for April-May. This is not the space for worst case scenario projections, not even for asserting policy actions. Indeed, that would perpetuate piecemeal and uncoordinated measures, compounded by the limited information on hand.

It should also include organisations with ground-level insight on the self-employed and migrant workers, labour data experts and legal advisers. Lower-income households remain more dependent on wages and more likely to inject money back into the economy because they spend a larger proportion of their income.

Such process should establish a wage floor and consider a proportionate basis first, with lower paid workers taking a smaller cut, for instance 20%, while higher paid workers take 25%.

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