The impact of minimum pay implementation on small businesses operating cost and sustainability: a case of service business
The implementation of minimum wage requirement in Malaysia beginning mid 2016 seems to impact both employees and employers in different ways. While this implementation could increase household income and claimed to boost employees’ productivity, employers or business operators, on the other hand ar...
| Main Authors: | , , |
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
EDP Sciences
2017
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| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/21045/1/shsconf_four2017%201%206nin.pdf |
| _version_ | 1825804485467832320 |
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| author | Rusly, Fariza Hanim Abdul Talib, Yurita Yakimin Salleh, Danilah |
| author_facet | Rusly, Fariza Hanim Abdul Talib, Yurita Yakimin Salleh, Danilah |
| author_sort | Rusly, Fariza Hanim |
| collection | UUM |
| description | The implementation of minimum wage requirement in
Malaysia beginning mid 2016 seems to impact both employees and employers in different ways. While this implementation could increase household income and claimed to boost employees’ productivity, employers or business operators, on the other hand are experiencing stringent effect on their business operating cost.The effect is more significant for small business operators, including the childcare centers.Childcare industry operates in the service sector, which represents the main contributor of Malaysian SMEs. Unfortunately for the industry, there is an
increasing numbers of childcare centers have to cease their operation due to inability to comply with the minimum pay requirement.In the absence
of thorough understanding of the phenomena, the small businesses, particularly among institution-based childcare, is at the risk of losing their
businesses.This exploratory study intends to assess how the implementation of minimum pay requirement affects the existing operating
cost structure, and consequently business sustainability of Malaysian childcare industry. |
| first_indexed | 2024-07-04T06:16:18Z |
| format | Conference or Workshop Item |
| id | uum-21045 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T06:16:18Z |
| publishDate | 2017 |
| publisher | EDP Sciences |
| record_format | eprints |
| spelling | uum-210452017-02-23T04:19:13Z https://repo.uum.edu.my/id/eprint/21045/ The impact of minimum pay implementation on small businesses operating cost and sustainability: a case of service business Rusly, Fariza Hanim Abdul Talib, Yurita Yakimin Salleh, Danilah HF5601 Accounting The implementation of minimum wage requirement in Malaysia beginning mid 2016 seems to impact both employees and employers in different ways. While this implementation could increase household income and claimed to boost employees’ productivity, employers or business operators, on the other hand are experiencing stringent effect on their business operating cost.The effect is more significant for small business operators, including the childcare centers.Childcare industry operates in the service sector, which represents the main contributor of Malaysian SMEs. Unfortunately for the industry, there is an increasing numbers of childcare centers have to cease their operation due to inability to comply with the minimum pay requirement.In the absence of thorough understanding of the phenomena, the small businesses, particularly among institution-based childcare, is at the risk of losing their businesses.This exploratory study intends to assess how the implementation of minimum pay requirement affects the existing operating cost structure, and consequently business sustainability of Malaysian childcare industry. EDP Sciences 2017 Conference or Workshop Item PeerReviewed application/pdf en cc4_by https://repo.uum.edu.my/id/eprint/21045/1/shsconf_four2017%201%206nin.pdf Rusly, Fariza Hanim and Abdul Talib, Yurita Yakimin and Salleh, Danilah (2017) The impact of minimum pay implementation on small businesses operating cost and sustainability: a case of service business. In: 17th Annual Conference of the Asian Academic Accounting Association (2016 FourA Conference), 20-22 November 2016, Kuching, Sarawak. http://doi.org/10.1051/shsconf/20173408006 doi:10.1051/shsconf/20173408006 doi:10.1051/shsconf/20173408006 |
| spellingShingle | HF5601 Accounting Rusly, Fariza Hanim Abdul Talib, Yurita Yakimin Salleh, Danilah The impact of minimum pay implementation on small businesses operating cost and sustainability: a case of service business |
| title | The impact of minimum pay implementation on small businesses operating cost and sustainability: a case of service business |
| title_full | The impact of minimum pay implementation on small businesses operating cost and sustainability: a case of service business |
| title_fullStr | The impact of minimum pay implementation on small businesses operating cost and sustainability: a case of service business |
| title_full_unstemmed | The impact of minimum pay implementation on small businesses operating cost and sustainability: a case of service business |
| title_short | The impact of minimum pay implementation on small businesses operating cost and sustainability: a case of service business |
| title_sort | impact of minimum pay implementation on small businesses operating cost and sustainability a case of service business |
| topic | HF5601 Accounting |
| url | https://repo.uum.edu.my/id/eprint/21045/1/shsconf_four2017%201%206nin.pdf |
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