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New e-wages system to support RM2,000 minimum wage from June 2027

Ramanan announced the e-wages system to support the RM2,000 minimum wage taking effect June 2027. MSMEs under RM50m revenue are exempt.

Ringgit2U · 7 cards · 2 min read
Digital payroll screen showing minimum wage calculation for Malaysian workers
ENBM中文
  1. 01/07

    Digital payroll system set for new minimum wage

    Ramanan confirmed the e-wages platform will process the June 2027 wage increase.

  2. 02/07

    Two dates to remember

    1. 9 Oct 2026Budget 2027 tabled
    2. Jun 2027RM2,000 minimum wage applies

    Budget 2027 was tabled on 9 October. The new floor applies from June 2027.

  3. New national minimum wage from June 2027RM2,000
    03/07

    The new floor is RM2,000

    Up from RM1,700 today. MSMEs with annual revenue below RM50 million are exempted from the increase.

  4. 04/07

    Who gets the new wage

    • All employees in companies above RM50m
    • MSMEs below RM50m revenue are exempted
    • Effective June 2027

    MSMEs with annual revenue under RM50 million are exempted to allow adaptation time.

  5. 05/07
    Myth

    RM2,000 minimum wage means RM2,000 lands in your bank account.

    Fact

    RM2,000 is gross pay. After EPF, SOCSO and EIS, a single worker under 60 takes home about RM1,766.

    Gross is not take-home

    At RM2,000 gross, EPF 11%, SOCSO and EIS deductions bring take-home to about RM1,766.

  6. 06/07

    Before June 2027

    • Check your company's annual revenue status
    • Review payslip deductions from June 2027
    • Keep your EPF i-Akaun app updated

    Confirm your employer's size category and check your EPF contributions after the change.

  7. 07/07
    Bottom line

    RM2,000 gross, not take-home

    The new minimum wage is gross pay. Your actual credit after EPF, SOCSO and EIS will be lower.

Questions people ask

What is the new minimum wage in Malaysia?

RM2,000 a month from June 2027, up from RM1,700. MSMEs with annual revenue below RM50 million are exempted.

What is the e-wages system?

A digital payroll system announced by Ramanan to support the implementation of the new minimum wage from June 2027.

Does RM2,000 minimum wage mean RM2,000 take-home?

No. RM2,000 is gross. After EPF, SOCSO and EIS, take-home is about RM1,766 for a single worker under 60.

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