{"id":33868,"date":"2018-03-30T16:37:32","date_gmt":"2018-03-30T08:37:32","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=33868"},"modified":"2018-03-30T16:37:32","modified_gmt":"2018-03-30T08:37:33","slug":"kl-living-below-median-wage","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/kl-living-below-median-wage","title":{"rendered":"BNM: KL Folk Living Below Median Wage"},"content":{"rendered":"<p>Bank Negara wants employers to provide a living wage that better reflects the cost of living in capital Kuala Lumpur.<\/p>\n<p>In the report commissioned by the central bank, a survey showed that in Kuala Lumpur, the provisional estimates of a living wage ranged between RM2,700 and RM6,500 a month.<\/p>\n<p>The bank said the living wage for a single adult was RM2,700 a month; RM4,500 a month for a couple without children, and RM6,500 a month for a couple with two children.<\/p>\n<p>But it added that a living wage could only be affective if employers set a realistic and sustainable level.<\/p>\n<p>The bank said the living wage estimates in Kuala Lumpur were below the median income of RM9,073, emphasising that up to 27% of households earned below the living wage.<\/p>\n<p>It also said that wage pressure on employers could also intensify if high-wage workers insist on maintain the same\u00a0 wage differential with low-wage workers as before.<\/p>\n<p><em><a href=\"https:\/\/www.thestar.com.my\/business\/business-news\/2018\/03\/29\/kuala-lumpur-living-wage-below-median-of-rm9073\/#doBHhXXYO1diyaLT.99\" target=\"_blank\" rel=\"nofollow\">[Source]<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s all about a decent salary!<\/p>\n","protected":false},"author":29,"featured_media":25783,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[271,216],"tags":[],"class_list":["post-33868","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-news-updates"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bank Negara Finds KL Living Below Median Wage<\/title>\n<meta name=\"description\" content=\"The central has urged employers to provide better salaries for their staff on the backdrop of high living costs in the capital city.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.imoney.my\/articles\/kl-living-below-median-wage\" \/>\n<meta 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