The Centre for Future Labour Market Studies (EU-ERA) was delighted to conduct a deep-dive interview with Thumbprint UTD Sdn. Bhd. to understand the company’s current wage practices and possible adaptation of the Progressive Wage Model (PWM).
Starting as a printing company in Malaysia, Thumbprint expanded its horizons by promoting ethical practices and branching out into producing Point-of-sale Material (POSM), books, and product packaging. Their dedication to quality is evident through their achievement of certificates like ISO 9001, 14001, and 37001, along with their adoption of LEAN manufacturing techniques. They also practiced environmental, social, and governance (ESG) principles to reach global markets. Through this, the important element in their company is providing fair share of wages for their employees and established zero corruption committee as a company and employers.
With extensive experience in implementing Productivity-Link Wage System (PLWS), Mr Lim from Thumbprint company had been given a chance by Malaysia Productivity Corporation (MPC) to be a speaker on implementing PLWS for employers. They believe that PLWS should be one of the key element in implementing PWM. Importantly, Thumbprint emphasized that the PWM should be carefully evaluated and made mandatory to facilitate the growth of industries in Malaysia. This strategic move could potentially foster both economic development and improved working conditions.