tag:blogger.com,1999:blog-161172711288862494.post4354724821590148009..comments2023-12-02T02:39:46.236-08:00Comments on Rightways to Success: Ma'sia's skilled labour shortage, engineers not take up challenges, graduates can't solve problems Rightways to Successhttp://www.blogger.com/profile/06374316846465878011noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-161172711288862494.post-37948007841603611502016-11-27T00:57:33.985-08:002016-11-27T00:57:33.985-08:00All successful countries over the world are attrac...All successful countries over the world are attracting talents while Malaysia is attracting lots of cheap and unskilled labors.<br /><br />Middle income trap countries with lots of unskilled labors can lead to and attract corruption with low productivity and poor governance due to mediocre officials.<br /><br />You cannot achieve high income status with corrupt means!<br />Rightways to Successhttps://www.blogger.com/profile/06374316846465878011noreply@blogger.comtag:blogger.com,1999:blog-161172711288862494.post-92103514800214237452016-11-26T01:41:07.164-08:002016-11-26T01:41:07.164-08:00Income is determined by levels of productivity, sk...Income is determined by levels of productivity, skills and innovation. Pointless to have high income status without improving the productivity, skills, and innovation capabilities. The country and companies will go bankrupt if you expect high income with low productivity, low skill, poor governance, low cost industries with little or no innovation!<br /><br />The productivity of Singapore is 3.8 times higher than Malaysia. Their per unit cost of production per employee is lower than us due to higher productivity. <br /><br />So when you say your employers are not paying you enough, you have to consider your productivity level too, pointing to how in some of our neighboring countries, the average salary is less than US$100 (RM400).<br /><br />Measured against the CPI, Malaysian average salary growth isn’t lagging. In the region, our salaries are second only to Singapore. Of course, you must consider the currency exchange. Singaporeans earn an average of S$3,000 (RM9,000) while Malaysians take home about RM2,800 monthly. Rightways to Successhttps://www.blogger.com/profile/06374316846465878011noreply@blogger.com