AGP Executive Report
Last update: 3 hours agoPay and Benefits: Malaysia’s Budget 2027 proposes RM2,500 starting salaries for graduates and semi-skilled workers, alongside a RM2,000 minimum wage from June 2027. ABIM says rules must prevent employers offsetting raises by cutting allowances and clarify which small businesses qualify for exemptions. Hiring Pressure: The U.S. could see 1.7 million skilled-trades openings a year through 2035. Meanwhile, 9 million workers already hold multiple jobs, including 8.8% of full-time workers in Kansas. Labor Market: U.S. job openings fell 4.8% in the third quarter as employers cut hiring, even as many roles remain difficult to fill. Talent Mobility: A reported pause in PERM labor-certification processing for major Indian IT firms is raising concerns about retaining overseas tech talent.
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