Introduction
Malaysia, a Southeast Asian economic powerhouse, has witnessed remarkable growth in recent years. According to Marketing Magazine, Digital Minister Gobind Singh Deo conveyed that the Nation’s economy will surpass the projected 25.5% contribution to the Nation’s GDP by the end of FY 2025.
A key indicator of this economic prosperity is the presence of the highest-paid company in Malaysia that offers lucrative employment opportunities and contributes significantly to the Nation’s GDP. Getting acquainted with these industrial titans is essential for various stakeholders, including job seekers, investors, and policymakers.
This article aims to provide a comprehensive overview of some of the top 20 GLCs in Malaysia, along with the top MNC companies in Malaysia for 2024, highlighting their key compensation packages and the factors contributing towards their success.
Top Highest paying companies in Malaysia in 2025
Here is a comprehensive list of the top highest-paying companies in Malaysia in 2025:
1. Shell Malaysia
Shell is the subsidiary of Royal Dutch Shell PLC, which employs 6000 people in Malaysia. With decades of experience in the manufacturing, distribution, and marketing of oil products, lubricants, and bitumen, the company has pushed its boundaries to unlock resources the world needs.
According to employee reviews, Shell offers one of the most lucrative oil and gas salaries in Malaysia, and the company offers a great work-life balance. The diversity inclusion culture and values of Shell are unparalleled, emerging as one of the finest companies in the country.
- Industry: Oil & Gas
- Average Salary: Shell salary in Malaysia ranges around RM 10,675 per month on an average
- Location: Kuala Lumpur, Sarawak, Selangor
- Benefits: Health insurance, life insurance, disability insurance, training opportunities, retirement savings plan.
2. Petroliam Nasional Berhad (PETRONAS)
PETRONAS is among the top 10 oil and gas companies in Malaysia that explore, develop, and produce natural gas and crude oil. The company is wholly owned by the Malaysian sovereign and was founded in 1974. The MNC is ranked among the largest corporations on the Fortune Global 500 and employs around 50,000 people across 100 countries.
The PETRONAS fresh graduate salary, complemented with bonuses and additional pay, is alluring for freshers.
To apply, you can visit PETRONAS career login and proceed as mentioned on the website.
- Industry: Oil & Gas
- Average Salary: PETRONAS salary ranges around RM 6,900 per month
- Location: Kuala Lumpur, Selangor, Sarawak
- Benefits: Medical insurance, flexible work schedule, training opportunities.
3. Nestlé Malaysia
Since its inception in 1912, Nestle has been a good company to work in Malaysia. With its nutritious products, Nestle has been offering nourishment to Malaysians for decades while maintaining its halal excellence and integrity.
The company has six manufacturing plants in the country and has emerged as one of the top MNC companies in Malaysia due to its strategic business policies. Their ability to adapt to local preferences and cope with changes has turned them into a colossal company serving more than 2000 brands.
- Industry: Food & Beverage
- Average Salary: RM 6,300 per month
- Location: Selangor, Kuala Lumpur, Negeri Sembilan, Perak, Sabah, Sarawak
- Benefits: Health insurance, retirement plan, employee discounts, training.
4. CIMB Group Holdings
CIMB Group Holdings, one of the countries with the most corporate advisors, has cemented its position amongst the top 10 companies in Malaysia. Headquartered in Kuala Lumpur, CIMB offers a range of financial products and services, including consumer banking, commercial banking, investment banking, and more.
They have been consistently recognised as a leading bank in the ASEAN region. It is known for its strong financial performance, innovative products, and commitment to customer satisfaction.
- Industry: Banking & Financial Services
- Average Salary: RM 6,100 per month
- Location: Kuala Lumpur
- Benefits: Medical insurance, retirement plan, flexible work schedules, training opportunities.
5. Maybank
Maybank, also known as Malayan Banking Berhad, is one of the best companies to work in Malaysia. It has been identified as the largest publicly listed company on the Bursa Malaysia stock exchange. With a comprehensive range of financial products and services, including customer banking, commercial banking, etc, it has a significant foothold in the ASEAN region. With its focus on sustainability and culture, Maybank promises a bright career.
- Industry: Banking & Financial Services
- Average Salary: RM 5,650 per month
- Location: Kuala Lumpur, Selangor, Johor
- Benefits: Maybank employee benefits include a retirement plan, medical insurance, employee discounts, performance bonuses, and maternity leave.
6. Malaysia Airlines
Malaysia Airlines is one of the largest airlines in Southeast Asia. Headquartered in Kuala Lumpur, this biggest company in Malaysia operates flights to over 100 destinations worldwide.
With nearly 12000 employees across 53 cities, the airline focuses on friendly and punctual travel. So whether you are a seasoned industry professional or an aspirant looking to jump-start your career, Malaysia Airlines can be your best bet.
- Industry: Aviation
- Average Salary: RM 5,000 per month
- Location: Kuala Lumpur, Selangor
- Benefits: Travel benefits, health insurance, employee discounts.
7. Telekom Malaysia
Telekom Malaysia is one of the top companies to work for in Malaysia due to its agility and flexibility. As a major telecommunications company in the country, it offers an array of services, including fixed-line telephony, broadband Internet mobile services, and data centre solutions.
With alluring employee benefits and a focus on creating the perfect balance between the well-being of their employees and nurturing a fulfilling career, Telekom Malaysia promises secure career opportunities for job seekers.
- Industry: Telecommunications
- Average Salary: the average salary in Kuala Lumpur if you are working under Telekom Malaysia will be around RM 5,500 per month.
- Location: Kuala Lumpur, Selangor
- Benefits: Health insurance, flexible work options, employee discounts.
8. Tenaga Nasional Berhad (TNB)
Tenaga Nasional Berhad is one of the highest-paid companies in Malaysia, offering a wide range of career opportunities for professionals in various fields, including finance engineering, human resources, and more.
It is a stable and established company that provides job security and long-term career prospects. Apart from this, with competitive human resources salaries in Malaysia and other benefits, it has become a great workplace for individuals who are passionate about building a rewarding career.
- Industry: Utilities
- Average Salary: RM 5,500 per month
- Location: Kuala Lumpur, Selangor
- Benefits: Education allowances, health insurance, retirement plan.
9. Prudential Assurance Malaysia Berhad
Prudential Assurance Malaysia Berhad is a leading life insurance company in the country that offers a wide range of insurance products to individuals and families. It is a part of the Prudential PLC group; the organisation provides financial security and peace of mind to its customers. As one of the most reputed and big companies in Malaysia, it offers exciting career paths in sales and agency.
- Industry: Financial Services
- Average Salary: RM 5,000 per month
- Location: Kuala Lumpur, Selangor
- Benefits: Health insurance, flexible work schedule, retirement plan.
10. Intel Malaysia
Located in the heart of Bayan Lepas, the newly revamped Intel Malaysia headquarters can be a great place to apply if you are looking at the top companies to work for in Malaysia. Established in 1972, the MNC has played a pivotal role in the country’s economic development and technological advancements. With challenging work and competitive compensation, the organisation provides you ample opportunities to make your mark in the industry.
- Industry: Semiconductors
- Average Salary: RM 4,800 per month
- Location: Penang, Kedah, Selangor
- Benefits: Health insurance, employee discounts, training opportunities.
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11. IBM Malaysia
IBM Malaysia is a subsidiary of International Business Machines Corporation (IBM), a multinational technology company with a long history of innovation. It is considered one of the top IT companies in Malaysia. Established in 1959, IBM Malaysia has been a significant player in the country’s technology landscape, offering a wide range of product services and solutions.
- Industry: Information Technology and Services
- Average Salary: As one of the highest-paid companies in Malaysia, IBM offers a competitive package of around RM 4,500 per month.
- Location: Kuala Lumpur, Selangor, Negeri Sembilan
- Benefits: Health insurance, flexible work options, training opportunities.
12. Public Bank Berhad
Public Bank Berhad has been serving many Malaysians from all walks of life since 1966. The bank is known for its financial stability and conservative approach, which has contributed to its long-term success. The organisation provides various career development opportunities, one of the highest salaries in Malaysia, and mentorship initiatives.
- Industry: Banking & Financial Services
- Average Salary: RM 4,500 per month
- Location: Kuala Lumpur, Selangor
- Benefits: Health insurance, retirement plan, employee discounts.
13. Top Glove Corporation Bhd.
Top Glove Corporation Bhd. is not only the top manufacturing company in Malaysia but also across the globe. They specialise in the manufacturing and distribution of disposable rubber gloves, face masks, dental dams, and other products. Seasoned experts or freshmen can apply to this company in a variety of manufacturing roles, such as production manager, quality control inspector, etc.
- Industry: Healthcare (Medical Instruments & Supplies)
- Average Salary: as one of the richest companies in Malaysia, they offer a package of around RM 4,200 per month
- Location: Selangor
- Benefits: Health insurance, employee discounts, training.
14. YTL Corporation Berhad
YTL Corporation is a Malaysian conglomerate that has climbed the ladder from a small construction firm to a global organisation and made its way into the list of MNC companies in Malaysia. The company offers opportunities for engineers, accountants, treasury professionals, and more.
- Industry: Utilities
- Average Salary: RM 4,000 per month
- Location: Kuala Lumpur
- Benefits: Health insurance, flexible work schedule, retirement plan.
15. AirAsia Group Berhad
AirAsia is one of the Malaysian multinational low-cost airlines that operates a fleet of Airbus A320 and A330 aircraft. It is one of the largest low-cost airlines in Asia, serving a wide range of domestic and international destinations.
The aviation company offers alluring opportunities to pilots, flight attendants, aircraft engineers, ground staff, customer service representatives, and more. According to the reviews in job portals, AirAsia Group Berhad offers excellent management and work-life balance and one of the highest salaries in Malaysia.
- Industry: Aviation
- Average Salary: RM 4,000 per month
- Location: Kuala Lumpur, Selangor
- Benefits: Travel benefits, health insurance, employee discounts.
16. C-Link Squared Ltd
C-Link Squared Ltd is a Malaysian technology company specialising in and providing innovative solutions and services to businesses and individuals. The company offers a wide range of products and services, including software development, IT consulting, data analytics, and cyber security. By providing high-salary jobs in Malaysia, they attract top talent ranging from software engineers, developers, architects, data analysts, penetration testers, etc.
- Industry: Specialty Business Services
- Average Salary: RM 3,800 per month
- Location: Kuala Lumpur
- Benefits: Health insurance, flexible work options, training.
17. Silverlake Axis Ltd
As a dominant player in Southeast Asia with the largest market share, Silverlake Axis Ltd has emerged as one of the best employers in Malaysia. They provide debt investments and structure equity in technology or technology-enabled companies. With a wide range of career opportunities for professionals, this organisation can be a great place to boost your portfolio.
- Industry: Software—Application
- Average Salary: RM 3,800 per month
- Location: Kuala Lumpur
- Benefits: Health insurance, employee discounts, training.
18 United Overseas Australia Limited
United Overseas Australia Ltd is a property development and investment company that operates mainly in Malaysia. The strategic location, attractive benefits, and work-life balance are what attract employees to this famous company in Malaysia. With numerous job openings in sectors such as senior executive, interior designer, customer service, and more, they welcome talents from all across the globe.
- Industry: Real Estate—Development
- Average Salary: The average salary in Malaysia in UOA is around RM 3,600 per month
- Location: Kuala Lumpur
- Benefits: Health insurance, flexible work options, retirement plan.
19 Frencken Group Ltd
Frencken Group Ltd is a leading provider of precision engineering and manufacturing services operating globally with a strong presence in Asia. As one of the highest-paid companies in Malaysia, its compensation package and company policies are unparalleled. They are always on the hunt for creative thinkers and individuals who can bring a fresher perspective to the table.
- Industry: Electronic Components
- Average Salary: RM 3,500 per month
- Location: Penang
- Benefits: Health insurance, employee discounts, training.
20. Pentamaster International Ltd
Pentamaster International Ltd is a Malaysian company specialising in precision engineering and automated equipment manufacturing. Being one of the highest-paid companies in Malaysia, the company attracts engineers, quality control inspectors, procurement specialists, and more. According to online reviews, the company offers work-life balance and ample opportunities to grow within the industry.
- Industry: Specialty Industrial Machinery
- Average Salary: RM 3,400 per month
- Location: Penang
- Benefits: Health insurance, flexible work options, training.
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Conclusion
Malaysia’s thriving economy is reflected in the presence of numerous high-paying companies that offer lucrative employment opportunities, contributing significantly to the Nation’s GDP. The top 20 highest-paid companies in Malaysia highlighted in this article welcome job seekers aspiring to secure well-compensated positions and advance their careers.
FAQs on Highest Paying Companies in Malaysia
Q1: What are the highest-paying jobs in Malaysia in 2024?
A1: The top 10 highest-paid company in Malaysia in Malaysia (2024) are:
- Oil & Gas.
- Education.
- E-commerce & Logistics.
- Renewable Energy.
- Finance & Insurance.
Q2: What salary is considered on the high end of the spectrum in Malaysia?
A2: RM10,959 and above is a good pay scale in Malaysia, according to the Department of Statistics Malaysia.
Q3: Which is the best job in Malaysia to earn more money?
A3: Here are some of the highest-paying jobs you can explore:
- Head of banking.
- Medical director.
- Surgeon.
- Lawyers.
- C-suite roles.
Q4: What are the most in-demand jobs in Malaysia?
A4: Financial analysts, accountants, and risk managers are in high demand in Malaysia, particularly in the banking and insurance sectors.
Q5: What is the job satisfaction percentage in Malaysia?
A5: The job satisfaction rate in Malaysia is 59%, as per the data collected in a PwC study.