Enhancing Industrial Relation Among SMEs Through Productivity-linked Wage System (PLWS) and e-shared Prosperity Organisation (eSPO) During Covid-19 Pandemic

KUALA LUMPUR, July 5 (Bernama) — Malaysia Productivity Corporation (MPC) is strengthening the resilience of businesses for their sustainability beyond the COVID-19 pandemic and contributes to national economic recovery. The e-Shared Prosperity Organisation (eSPO) Acknowledgement Certificate initiative is an online platform to encourage SMEs to be acknowledged.
 
PLWS is a flexible and competitive wage system that distribute wealth created according to employer’s and employee’s performance and productivity in order to drive organisation shared prosperity and competitiveness. The implementation of PLWS  was identified under the Shared Prosperity Vision 2030 and Malaysia Productivity Blueprint to increase compensation and build workforce of the future. The PLWS harmonises company policies enhances employees’ motivation and job satisfaction, promotes skills-related specialisations, advances employees’ careers and creates equitable relationships between employers and employees.

http://mrem.bernama.com/viewsm.php?idm=40455

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