Pulangan Monetari Pekerja Terancam di Malaysia Berdasarkan Teori Upah Hedonik

This paper studies the extent of vulnerable worker impacts in Malaysian labor market. Spesifically, this study analyzes wage differential between vulnerable workers and non-vulnerable workers by testing wage hedonic theory. Data is obtained through a survey to 1705 workers in private sectors. Based on OLS regression result, vulnerable worker’s coefficient is significant but non-positive. Thus, the wage is not adjusted for a compensation to those who work in unpleasant jobs. Further, female vulnerable workers are found to receive a significant lower wage than males. Therefore, the government intervention is crucially required to protect and guarantee vulnerable workers’ well being.