Starting Salaries for Graduates in Malaysia & Indonesia’s Rupiah Redenomination Explained

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 Ever wondered what the starting salary for graduates in Malaysia really is? And why Indonesia is talking about redenominating the Rupiah? Let’s break it down in simple terms.

Minimum Wage vs Starting Salary: What’s the Difference?

The Malaysian government has set a minimum wage of RM1,700 for low-skilled workers. But here’s the key: minimum wage ≠ starting salary for graduates.

Graduates usually fall under skilled wages, meaning their starting pay should be higher than the minimum, especially if they have a degree or diploma. On top of that, professional certifications can make a huge difference in boosting your starting salary.

Employers also consider the industry and type of company:

  • MNCs (Multinational Companies) often pay more than SMEs.

  • Government jobs have a different pay scale altogether.

So if you’re a fresh graduate aiming for RM2,500+, it’s not just about the degree. You’ll need:

  1. Relevant certifications (finance, IT, data analytics, etc.)

  2. Internship or practical experience

  3. Networking and soft skills

  4. Proactive attitude and productivity

💡 Tip: Show your boss what extra effort you’re putting in—highlight your achievements, projects, and initiative. It’s not enough to just do the job; you need to stand out.


Productivity Matters

Experts say Malaysian productivity is lower than in developed countries. Why? Often, employees focus just on earning money to survive rather than upskilling.

To boost your career:

  • Take certifications alongside your job

  • Invest time in reskilling and upskilling

  • Learn how to work smarter, not longer

Agencies like Yayasan Peneraju provide funding and scholarships for courses in finance, IT, and high-demand certifications. Many of these courses are flexible, letting you learn while working.


Indonesia’s Rupiah Redenomination Explained

Now, over to our neighbor, Indonesia. The government has been planning to redenominate the Rupiah, which basically means cutting off zeros from their currency.

Why?

  • To make transactions easier

  • To reduce the perception that the currency is “weak”

  • To tackle inflation and stabilize prices

For example, in the past, 1 RM ≈ 3,000–4,000 Rupiah. A can of Coke could cost thousands of Rupiah, which is confusing. Redenomination simplifies numbers, making daily transactions easier and more transparent.

💡 Fun fact: Countries like Cambodia and parts of Europe have done similar moves to simplify their currencies and boost economic confidence.


Bottom Line:
Whether you’re a fresh graduate in Malaysia or curious about Indonesia’s economy, knowledge is power. Invest in your skills, understand your worth, and keep an eye on economic changes around you.


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