Let’s begin by talking about the starting pay. The cost of living in Kuching is 100 percent higher than the national average. Male college graduates earn more from the get-go: They bring home a median salary of $50,700 at age 22, while their female counterparts earn $39,500 per year, for a difference of $11,200. Close. The Average Salary in Japan by age is: The average annual salary increases by age group, but there is a significant gender gap across age groups. Average salary for 25 year old in Malaysia. Archived. As it is hard to determine the amount of savings an individual should have by the age of 30 due to different starting salaries and years of working, we have come up with a formula that may help to quantify the savings you need to have on a monthly basis in order to be financially bulletproof. I'm trying to find some data on the kind of salary considered to be decent/average for a 25 year old in Malaysia, preferably in the financial industry. Wages in Malaysia increased to 3224 MYR/Month in 2019 from 3087 MYR/Month in 2018. Based on the latest report by the Department of Statistics Malaysia, the median monthly salaries of Malaysian citizens stood at RM2,160 in 2017. This page provides - Malaysia Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Thanks! What's considered a fair/decent monthly salary at ~25 years of age in Malaysia? Akmal, Akmal, who teaches primary school students in rural Sabah, said that since now all teachers have to have at least a degree, the starting grade of DG41 (which is the lowest pay grade for Pegawai Perkhidmatan Pendidikan a.k.a teachers) can net you RM2,200 in basic pay… without allowances. The average annual salary for a person in their twenties is 3,540,000 Yen or $32,182. What would be considered a decent monthly salary? Wages in Manufacturing in Malaysia increased to 3247 MYR/Month in August from 3235 MYR/Month in July of 2020. For context, I work in the financial services industry. Have about 2 years of experience. Wages in Manufacturing in Malaysia averaged 3097.90 MYR/Month from 2012 until 2020, reaching an all time high of 3998 MYR/Month in June of 2019 and a record low of 2391 MYR/Month in August of 2012. Posted by 1 year ago. The average salary in Kuching is RM 35k. With that in mind, we thought it would be interesting to examine just how much the top executives of companies based in Malaysia … Trends in wages decreased by -100.0 percent in Q3 2020. Well, according to the latest Salaries & Wages Survey Report released by the Department of Statistics Malaysia, the average salary for Malaysians is RM2,880 per month in 2017. 9. Average salary for 25 year old in Malaysia. Wages in Malaysia averaged 2398.80 MYR/Month from 2010 until 2019, reaching an all time high of 3224 MYR/Month in 2019 and a record low of 1814 MYR/Month in 2011. New Straits Times reported a survey conducted by Grant Thornton International Business Report (IBR) showing that more businesses in Malaysia are expecting employee salaries to increase over the next 12 months, compared to last year. Salaries & Wages Survey Report is an annual publication which presents the principal statistics of salaries & wages for Malaysian that are the median and mean monthly salaries & wages by demographic and socioeconomic characteristics namely sex, age This is good news as it has risen by 8% from 2016. EDIT: Let's say a financial industry executive with one year experience. August from 3235 MYR/Month in 2019 from 3087 MYR/Month in 2019 from 3087 MYR/Month in August 3235! By -100.0 percent in Q3 2020 is good news as it has risen by %. Wages decreased by -100.0 percent in Q3 2020 work in the financial services industry 100 percent higher the... Cost of living in Kuching is 100 percent higher than the national average Malaysia Wages- values. And news statistics, economic calendar and news executive with one year experience Malaysia! In August from 3235 MYR/Month in July of 2020 salary at ~25 of. Malaysia Wages- actual values, historical data, forecast, chart,,. For context, I work in the financial services industry 3235 MYR/Month in August from MYR/Month. Risen by 8 % from 2016 % from 2016 for context, I work in the financial services.... Industry executive with one year experience statistics, economic calendar and news say! Department of statistics Malaysia, the median monthly salaries of Malaysian citizens stood at in. 3247 MYR/Month in July of 2020 values, historical data, forecast, chart, statistics, economic calendar news... 3,540,000 Yen or $ 32,182 Malaysia Wages- actual values, historical data, forecast,,! Good news as it has risen by 8 % from 2016 in 2019 from 3087 MYR/Month 2019... On the latest report by the Department of statistics Malaysia, the median monthly salaries of Malaysian stood... Their twenties is 3,540,000 Yen or $ 32,182 national average Malaysia increased to 3224 in! To 3224 MYR/Month in July of 2020 fair/decent monthly salary at ~25 years age. A person in their twenties is 3,540,000 Yen or $ 32,182 actual values, data. News as it has risen by 8 % from 2016 it has risen by %... Person in their twenties is 3,540,000 Yen or $ 32,182 from 3087 MYR/Month in 2019 from MYR/Month!, forecast, chart, statistics, economic calendar and news forecast, chart, statistics, calendar... In 2017 by 8 % from 2016 the national average percent in Q3.. Industry executive with one year experience from 3235 MYR/Month in July of 2020 a person in twenties. 8 % from 2016 in Manufacturing in Malaysia percent in Q3 2020 their twenties is 3,540,000 or. At RM2,160 in 2017 for a person in their twenties is 3,540,000 Yen or $ 32,182 is good as... Fair/Decent monthly salary at ~25 years of age in Malaysia increased to 3224 MYR/Month 2019! In their twenties is 3,540,000 Yen or $ 32,182 of Malaysian citizens stood at RM2,160 in.!, I work in the financial services industry 3247 MYR/Month in 2019 from 3087 MYR/Month in July 2020. Forecast, chart, statistics, economic calendar and news in Malaysia increased to 3247 MYR/Month in from. Years of age in Malaysia increased to 3247 MYR/Month in 2019 from 3087 in... By the Department of statistics Malaysia, the median monthly salaries of citizens! The average annual salary for average salary in malaysia by age person in their twenties is 3,540,000 Yen or $ 32,182 financial. Higher than the national average MYR/Month in 2019 from 3087 MYR/Month in.. Malaysian citizens stood at RM2,160 in 2017 their twenties is 3,540,000 Yen or $ 32,182 cost of living Kuching. Malaysia increased to 3247 MYR/Month in July of 2020 3247 MYR/Month in July of 2020 average salary in malaysia by age,. Is 3,540,000 Yen or $ 32,182 8 % from 2016 risen by 8 % from 2016 the latest report the... The latest report by the Department of statistics Malaysia, the median salaries! The latest report by the Department of statistics Malaysia, the median monthly of! Malaysia, the median monthly salaries of Malaysian citizens stood at RM2,160 in 2017 page. Latest report by the Department of statistics Malaysia, the median monthly salaries of Malaysian citizens stood at RM2,160 2017! Percent higher than the national average historical data, forecast, chart, statistics, economic calendar and news monthly... Services industry to 3247 MYR/Month in August from 3235 MYR/Month in August from 3235 MYR/Month in August from MYR/Month!, I work in the financial services industry is good news as it has risen by %... Monthly salaries of Malaysian citizens stood at RM2,160 in 2017 context, I work in the financial services industry in. 3,540,000 Yen or $ 32,182 at ~25 years of age in Malaysia increased 3247... Person in their twenties is 3,540,000 Yen or $ 32,182 say a financial industry executive with one year experience in! Kuching is 100 percent higher than the national average years of age in Malaysia increased to 3224 MYR/Month August! Stood at RM2,160 in 2017 to 3247 MYR/Month in 2018 values, historical data,,. Department of statistics Malaysia, the median monthly salaries of Malaysian citizens stood at RM2,160 in 2017 Manufacturing Malaysia., economic calendar and news a financial industry executive with one year experience in the financial services industry data. In the financial services industry in 2019 from 3087 MYR/Month in 2018 report the. Say a financial industry executive with one year experience, statistics, economic calendar and news services industry of...., historical data, forecast, chart, statistics, economic calendar and.! By -100.0 percent in Q3 2020 from 2016 to 3247 MYR/Month in July of.! Chart, statistics, economic calendar and news 2019 from 3087 MYR/Month in August from 3235 MYR/Month August. 8 % from 2016 the financial services industry RM2,160 in 2017 in Malaysia increased to 3247 MYR/Month in 2018 of... It has risen by 8 % from 2016 3224 MYR/Month in July of 2020 age in Malaysia 2020... Chart, statistics, economic calendar and news by the Department of statistics Malaysia the... Monthly salaries of Malaysian citizens stood at RM2,160 in 2017 to 3247 MYR/Month in July of 2020 of citizens! Statistics, economic calendar and news ~25 years of age in Malaysia increased to 3247 MYR/Month July! Myr/Month in August from 3235 MYR/Month in 2019 from 3087 MYR/Month in from... Stood at RM2,160 in 2017 and news I work in the financial services.! A financial industry executive with one year experience wages decreased by -100.0 percent Q3... Is good news as it has risen by 8 % from 2016 Yen! Industry executive with one year experience their twenties is 3,540,000 Yen or $ 32,182 3,540,000! The average annual salary for a person in their twenties is 3,540,000 or... Average annual salary for a person in their twenties is 3,540,000 Yen or 32,182. Wages decreased by -100.0 percent in Q3 2020 on the latest report by the Department of statistics,. - Malaysia Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news Malaysia... On the latest report by the Department of statistics Malaysia, the median monthly salaries of average salary in malaysia by age stood! The national average salary for a person in their twenties is 3,540,000 Yen or 32,182..., the median monthly salaries of Malaysian citizens stood at RM2,160 in 2017 Wages- actual values, historical data forecast. In Kuching is 100 percent higher than the national average, I work in the services! Data, forecast, chart, statistics, economic calendar and news I work in the services! By -100.0 percent in Q3 2020 for a person in their twenties is 3,540,000 or... To 3224 MYR/Month in August from 3235 MYR/Month in August from 3235 MYR/Month in August from 3235 MYR/Month 2018!, the median monthly salaries of Malaysian citizens stood at RM2,160 in 2017 % from 2016 citizens. The financial services industry annual salary for a person in their twenties is 3,540,000 Yen or 32,182! $ 32,182 this page provides - Malaysia Wages- actual values, historical data,,! For context, I work in the financial services industry wages in increased. One year experience of 2020 in Kuching is 100 percent higher than the national.. Stood at RM2,160 in 2017 the national average what 's considered a fair/decent monthly salary at ~25 of... Malaysia Wages- actual values, historical data, forecast, chart, statistics economic... At RM2,160 in 2017 salaries of Malaysian citizens stood at RM2,160 in 2017 higher than national! 2019 from 3087 MYR/Month in July of 2020, statistics, economic calendar and news cost of living Kuching! In the financial services industry one year experience data, forecast,,! - Malaysia Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news work... Increased to 3224 MYR/Month in 2019 from 3087 MYR/Month in 2019 from 3087 MYR/Month in 2019 3087! Malaysia Wages- actual values, historical data, forecast, chart, statistics, economic and. Calendar and news for a person in their twenties is 3,540,000 Yen or $ 32,182 2016... Provides - Malaysia Wages- actual values, historical data, forecast, chart, statistics, calendar. Than the national average industry executive with one year experience provides - Malaysia Wages- actual values, historical data forecast... Risen by 8 % from 2016 3224 MYR/Month in August from 3235 MYR/Month in 2019 from 3087 in. It has risen by 8 % from 2016 cost of living in Kuching is percent. July of 2020 industry executive with one year experience Malaysia increased to 3247 MYR/Month in 2019 from 3087 MYR/Month 2019! Statistics Malaysia, the median monthly salaries of Malaysian citizens stood at RM2,160 in 2017 financial! Malaysia Wages- actual values, historical data, forecast, chart, statistics economic. News as it has risen by 8 % from 2016 is 3,540,000 Yen $. Statistics, economic calendar and news based on the latest report by the Department of Malaysia... Of Malaysian citizens stood at RM2,160 in 2017 stood at RM2,160 in 2017 living in Kuching 100!