Never Miss a Deadline: A Complete Overview of EPF, SOCSO, and PCB in Malaysia EPF: Employers must make contributions by the 15th of the following month. If contributions are made later than that, interest will be charged for late payment of contribution. The interest rate impos... Company Limited Liability Partnership Partnership Sole Proprietorship Dec 13, 2023
Employment (Amendment) Act 2022: Key Changes to Malaysian Employment Law The Employment (Amendment) Act 2022 came into effect on January 1, 2023. The act has made several changes to the Employment Act 1955, which applies to all employees except for those who were previousl... Company Individual Limited Liability Partnership Partnership Sole Proprietorship Dec 13, 2023
Overtime Pay in Malaysia: Guidelines and Calculation Methods under the Employment Act The Employment Act in Malaysia provides guidelines for overtime pay. The minimum daily rate of pay for overtime calculations should be monthly wages divided by 26. However, employers can choose any ot... Company Individual Limited Liability Partnership Partnership Sole Proprietorship Dec 13, 2023
How to Calculate Ordinary Rate of Pay and Rate of Pay for Work Done Outside of Normal Hours of Work in Malaysia If you’re an employer or employee in Malaysia, it’s important to understand how to calculate the ordinary rate of pay and rate of pay for work done outside of normal hours of work. According to the Em... Company Individual Limited Liability Partnership Partnership Sole Proprietorship Dec 13, 2023
Employee Departure Management in Malaysia: A Comprehensive Guide to Ensure Compliance with Regulations and Avoid Legal Issues When an employee leaves your company, there are certain procedures that you need to follow. Here are the steps you need to take: EPF: You don’t need to submit any special forms to KWSP if an employee ... Company Limited Liability Partnership Partnership Sole Proprietorship Dec 13, 2023
The Complete Employer’s Guide to EPF Contributions in Malaysia As an employer in Malaysia, it is your responsibility to pay EPF contributions for any person you have engaged to work under a Contract of Service or Apprenticeship. You must ensure that accurate mont... Company Limited Liability Partnership Partnership Sole Proprietorship Dec 13, 2023
Employer’s Guide to EIS, SOCSO, and EPF Contributions in Malaysia As an employer, you are required by law to make monthly contributions towards EIS, SOCSO, and Employee Provident Fund (EPF) for your employees’ benefits. The EIS contribution is 0.2% of an employee’s ... Company Limited Liability Partnership Partnership Sole Proprietorship Dec 13, 2023
Comprehensive guide for payroll in Malaysia If you’re looking for a comprehensive guide to Malaysian payroll, you’ve come to the right place! In this article, we’ll explain how to calculate the net monthly salary for each employee by starting w... Company Individual Limited Liability Partnership Partnership Sole Proprietorship Dec 13, 2023