Employment Insurance Scheme Eis Malaysia Rate
All employers in the private sector whose employees are covered under the act are required to pay contributions on behalf of their employees.
Employment insurance scheme eis malaysia rate. Menara perkeso 281 jalan ampang 50538 kuala lumpur. The rate of contribution is subject to a maximum wage cap of rm4 000. Menara perkeso 281 jalan ampang 50538 kuala lumpur. Menara perkeso 281 jalan ampang 50538 kuala lumpur.
Besides the existing eis scheme we ve outlined above socso has also introduced additional forms of assistance specific to the covid 19 pandemic such as the employment retention programme erp. 03 4256 7798 sms. I c your complaint send to 15888. The contributions will be on a fixed rate based on the employees salary.
Employers must contribute 0 2 while employees will contribute the remaining 0 2 under this new law. I c your complaint send to 15888. Should you lose your job then you will be able to claim a number of benefits from the insurance scheme. Malaysia on the other hand is catching up to provide retrenchment benefits to unemployed malaysians.
03 4256 7798 sms. Proposed by prime minister datuk seri najib razak the employment insurance scheme eis is expected to be tabled in parliament in the july august 2017 sitting. The contribution rate is based on section 18 and schedule 2 of the employment insurance system act 2017. Under eis employees who are retrenched will be given a portion of the insured salary from the 0 4 monthly contribution.
Welcome to the employment insurance system eis homepage. The erp provides rm600 per month up to a maximum of 6 months for employees who have been issued with no pay leave due to covid 19. Employers are prohibited from reducing wages and removing or reducing any similar existing benefits in response to their eis obligations. If you are an eis contributor who recently lost your job you may be eligible to receive benefits.
The contribution rate for employment insurance system eis is 0 2 for the employer and 0 2 for employee based on the employee s monthly salary. Eis aims to provide employment insurance public employment services and labor market information lmi to the malaysian workforce. The eis contribution total approximately 1 5 of monthly wages with the employee and employer contributing 50 each. 03 4256 7798 sms.