The
country's workforce has been ranked third among Asian countries in terms of
productivity, ahead of Japan, South Korea and Taiwan.
Based
on the Global Competitiveness Report for 2007/2008, the salaries and
productivity level of the local workforce was ranked just below Singapore and
Hong Kong, scoring 5.6 out of seven.
National
Productivity Corporation (NPC) director-general Dato’ Nik Zainiah Nik Abdul
Rahman quoted by NST as said the report involved 131 countries and was
conducted by the Swiss-based World Economic Forum.
However,
she acknowledged that more initiatives to link salaries to performance were
needed.
Dato’
Nik Zainiah said Malaysia was ranked in
the top 10 in terms of labour-employer relations.
She
was speaking at a seminar at the NPC northern region office at Kepala Batas,
Penang, on the 12 February 2008.