What Is The Fines IF You Deduct The Employer’s EPF Share Of Contribution From The Employee’s Salary
Imprisonment 6 years or fines RM 20,000 or both. Most of us take things for granted but if this really happens to you, you start shivering, no joke. Business owners can be creative, lots of tricks to bend the rules or worst case the best they can to avoid any payments. 🚫 Do not attempt […]
Basic SOCSO Contributions That You Should Know
We don’t often print out statutory on which item is subjected to contributions. Most people inclusive of the business owner and HR personnel may not remember what those items are subjected to contributions. Probably 1 out of 10 are aware of it. But hey it’s not your fault. Maybe if you are a business owner […]
No Legal Entity In Malaysia, Place Your Employee With Us
Are you planning to explore the Malaysian market for your business? But 🤷♀️ Your company has no legal entity established to hire staff in the country🤷♀️ Your company want to test the Malaysia market without making a relatively large commitment of minimum capital🤷♀️ Lack of Malaysia labour law and payroll statutory rules knowledge We have […]
Payroll Specialist Is Getting Expensive
Hiring a payroll specialist is getting more expensive. Take a look at this statistic. ↓ According to payscale website – the pay for average payroll specialists is as follows: 1-4 years of experience ↗️ RM 41,000 per year (RM 3,416 per/month)5-9 years of experience ↗️ RM 61,000 per year (RM 5,083) per/month Note: not inclusive […]
Back To Basic EPF Knowledge
It is extremely dangerous when we thought we know it all. That is the time when we stop learning and leave a big gap from knowing to understanding it well. Hey, I thought why not let me bring you back to the basics. Malaysia EPF and how do we calculate the contribution percentage. Aiden, are […]
