Articles & Knowledge

June 24, 2022

Different between Normal & Additional Remuneration

Normal remuneration means fixed monthly remuneration paid to the employee whether the amount paid is fixed or variable as specified in the contract of service in […]
June 17, 2022

SOCSO Contribution Overview in Malaysia

Coverage of the Workers Social Security Act 1969 Employers are required to pay monthly contributions for each eligible employee according to the rate specified under the […]
June 3, 2022

SOCSO – Social Security Organization

What is Socso? It is an insurance for employees The Social Insurance Organization (SOCSO) provides medical treatment, cash compensation, prosthetics and rehabilitation training. The social insurance […]
June 2, 2022

EPF – Employees Provident Fund (KWSP)

What is EPF? Government Mandatory Deposits and Retirement Funds Usually 13% for the boss and 11% for the employee (adjusted   annually) Example: Salary of RM2,000 for […]
May 27, 2022

Overtime Calculation in Malaysia

Malaysia OT Calculation The table showed the formula for the calculation of OT in Malaysia. *ORP: Ordinary rate of pay* Daily-rate Monthly-rate 1. Normal hours of […]
May 26, 2022

Types of Leave & Public Holiday

Types of Leave In Million payroll system, there were these kinds of leave included as shown as table below. Leave Code Description Leave Type AB Absence […]
May 25, 2022

Basic Concept of Payroll System

Basic Concept of Payroll System Payroll systems included 3 types of system which is Attendance system, Payroll system and Human Resource Management (HRM). Attendance systems are […]
May 25, 2022

Human Resource Development Fund (HRDF)

What is the Human Resource Development Fund (HRDF)? HRDF – Human Resource Development Fund, known as Pembangunan Sumber Manusia Berhad Act 2001(PSMB). HRDF’s purpose is to […]
May 23, 2022

Minimum Wages Order 2022 Gazetted

The new minimum wage of RM1,500 a month effective May 1 was officially gazetted on Wednesday (April 27). The company that will take effect from 1 […]
May 18, 2022

Benefits In Kind (BIK) – What do you need to know?

What is the definition of BIK? BIK (benefit in kind) are benefits provided by the employer to the employee in form of services, vehicles, and lodging. […]