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 Degree Holders, Low Wages

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COOLPINK
post May 22 2025, 03:00 PM

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Supply and demand thanks to degree mills.
This problem is common in the world now.....
jojolicia
post May 22 2025, 03:03 PM

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QUOTE(boyboycute @ May 22 2025, 02:24 PM)
Firstly, retain your best talent. Without talented people, you can't find any solution. If you continue to lose your talent, you will become poorer over time.

Once you tackle this issue, the rest will start to fall into place
*
You need an effective and positive economy chains to retain talents.
poooky
post May 22 2025, 03:05 PM

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Neighbouring countries catching up fast skill wise. Last time ppl say msia got bi skills. Now more filipinos speak better england than us. Even India and vietnam, the young ppl all can into bi.

The only thing we got left is shared history with SG. When sg no space to expand they will build in my. But this is all temporary when can outsource to filippine and India for even less.
supsupsui
post May 22 2025, 03:20 PM

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According to the PWM, entry-level waste collection workers are expected to earn a minimum gross monthly salary of S$2,420 from July 2024 to June 2025.

RM8k salary as a garbage collector. tunggu apa lagi.


swanlover
post May 22 2025, 03:22 PM

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Already said Doc pun B40 la..what degree holder expect in bolehland?

Want RM3.5K to to start? Become Myanmar can get..
boyboycute
post May 22 2025, 03:24 PM

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This ship is sinking fast....
cloud666
post May 22 2025, 03:38 PM

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degree holders more than lembu in msia
3k syukur la apa lagi mau
want gip u company car atas house private office room ka
SUSM4A1
post May 22 2025, 03:42 PM

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QUOTE(LemonHoneyIce @ May 22 2025, 02:32 PM)
In general, all these news discourage people kids to study beyond SPM, it's not worth it spending 40k and come out with debt and low wage.
*
if degree holder also die

spm holder? lagi mati
ja836kyau
post May 22 2025, 04:00 PM

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Thats why Malaysians must go Johor and work in Singapore-Johor SEZ.

Singapore already providing high paying jobs to millions of Malaysians to put food on tables and pay bills.

Now they will help Malaysia even more by agreeing to pay Malaysian degree holders at least RM4k.

Majulah Singapura



https://theedgemalaysia.com/node/755851
kamfoo
post May 22 2025, 04:55 PM

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govt must increase brim
vhs
post May 22 2025, 04:59 PM

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If that's true, that means degree holders are no longer valuable. It is better to be chap fan sellers, air con installers, pipe installers, car workshop owners etc than wasting your money studying for degree. Though I doubt the statistics, knowing how the job market is like. The statistics might be flawed.

If the statistics is only on starting salary, then it is possible. There is no point to offer very high pay just because someone has a degree. There are people cannot perform using what they learn from the degree, but is more suitable for other jobs.

This post has been edited by vhs: May 22 2025, 05:15 PM
vhs
post May 22 2025, 05:16 PM

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QUOTE(M4A1 @ May 22 2025, 03:42 PM)
if degree holder also die

spm holder? lagi mati
*
I know many SPM holders end up becoming quite rich because they don't climb the corporate ladders, but become entrepreneurs instead.

SUSM4A1
post May 22 2025, 05:19 PM

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QUOTE(vhs @ May 22 2025, 05:16 PM)
I know many SPM holders end up becoming quite rich because they don't climb the corporate ladders, but become entrepreneurs instead.
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u need to see the % then

ja836kyau
post May 22 2025, 05:21 PM

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QUOTE(vhs @ May 22 2025, 05:16 PM)
I know many SPM holders end up becoming quite rich because they don't climb the corporate ladders, but become entrepreneurs instead.
*
What do you think is the success rate of entrepreneurs?

5%? 10%? 50%? 90%?

Stop glamourising entrepreneurs bangwall.gif bangwall.gif bangwall.gif

You know how tough is the business environment now?
vhs
post May 22 2025, 05:23 PM

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QUOTE(M4A1 @ May 22 2025, 05:19 PM)
u need to see the % then
*
Wealth pyramid is the controlling factor. There is certain percentage will have higher income and a lot more percentage will have lower income. If the whole country wealth is low, then the lower percentage group will never get a higher income. For example, Malaysia can make 100% degree holders to have RM3000 starting salary easily, just by causing inflation to make RM3000 now worth only RM1500. Then all nominal income will go up, but the real value of the income still the same. To truly deliver real value to the starting salary, you have to generate real wealth at a national level, such as making 1 USD = 2.5 MYR. Then the value of RM will actually improve.

SUSM4A1
post May 22 2025, 05:24 PM

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QUOTE(vhs @ May 22 2025, 05:23 PM)
Wealth pyramid is the controlling factor. There is certain percentage will have higher income and a lot more percentage will have lower income. If the whole country wealth is low, then the lower percentage group will never get a higher income. For example, Malaysia can make 100% degree holders to have RM3000 starting salary easily, just by causing inflation to make RM3000 now worth only RM1500. Then all nominal income will go up, but the real value of the income still the same. To truly deliver real value to the starting salary, you have to generate real wealth at a national level, such as making 1 USD = 2.5 MYR. Then the value of RM will actually improve.
*
no

i mean among 1000 spm holder , how many success
vs 1000 degree holder

like this baru fair

cannot be 1 spm holder success = ALL spm holder success leh
vhs
post May 22 2025, 05:27 PM

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QUOTE(ja836kyau @ May 22 2025, 05:21 PM)
What do you think is the success rate of entrepreneurs?

5%? 10%? 50%? 90%?

Stop glamourising entrepreneurs bangwall.gif  bangwall.gif  bangwall.gif

You know how tough is the business environment now?
*
For those people who are suitable to be entrepreneurs but cannot study, being an entrepreneurs suit them better. I have known many not very educated people becoming rich because they are good at their own area. It is the same reason of why some degree holders never get to high paying positions. It is because they are not suitable at their line of work. Having a degree does not automatically guarantee you good pay if you cannot be good at your supposedly specialized areas. One of the biggest mistake is someone study in a field just because that field has good pay, but he himself finds the subject difficult and stressful and end up not being good at it.

kidmad
post May 22 2025, 07:23 PM

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QUOTE(boyboycute @ May 22 2025, 02:24 PM)
Firstly, retain your best talent. Without talented people, you can't find any solution. If you continue to lose your talent, you will become poorer over time.

Once you tackle this issue, the rest will start to fall into place
*
that's what i call naive.. money isn't the only way to retain talent.. it's always balance. u jack it up to rm8k for all freshie everyone will run to India, Philippines.. no reason to choose Malaysia.

never learn a lesson? post COVID there's so much Singapore retrenchment for IT sector.. while they retrench in SG they were mass hiring in Malaysia.. from UOB all the way to GRAB. for company it's always profit which matters.. not your rice bowl or my rice bowl. there's no such thing as irreplaceable talent.. infact a company built base on irreplaceable talent that's a bottleneck for growth.
SUSNihonmaru
post May 22 2025, 07:35 PM

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MNC required multilingual

Sini ADUN in state assembly cakap : Cakap bahasa malaysia lah please
boyboycute
post May 22 2025, 07:35 PM

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QUOTE(vhs @ May 22 2025, 05:27 PM)
For those people who are suitable to be entrepreneurs but cannot study, being an entrepreneurs suit them better. I have known many not very educated people becoming rich because they are good at their own area. It is the same reason of why some degree holders never get to high paying positions. It is because they are not suitable at their line of work. Having a degree does not automatically guarantee you good pay if you cannot be good at your supposedly specialized areas. One of the biggest mistake is someone study in a field just because that field has good pay, but he himself finds the subject difficult and stressful and end up not being good at it.
*
Unker think some of your friends are politicians. Many of them are entrepreneurs and "kuat menabung sejak kecil"

This post has been edited by boyboycute: May 22 2025, 07:35 PM

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