Minister of Human Resources, V Sivakumar, has urged employers in Malaysia to ensure that the payment of wages to all their employees whether local or foreign must be paid through bank accounts. This directive aligns with the guidelines outlined in Section 25 and 25(A) of the Employment Act 1955 [Act 265]. Cash or cheque payments of wages are permissible only […]
Here are the official public holiday dates in Malaysia for the year 2024. In total, there are 38 public holidays scheduled throughout Malaysia in 2024. Public HolidayDateDayAffected StatesNew Year’s DayJanuary 1, 2024MondayNational except Johor,Kedah, Kelantan, Perlis& TerengganuYDPB Negeri Sembilan’s BirthdayJanuary 14, 2024SundayNegeri SembilanYDPB Negeri Sembilan’s Birthday HolidayJanuary 15, 2024MondayNegeri SembilanThaipusamJanuary 25, 2024ThursdayJohor, Kuala Lumpur,Negeri Sembilan, Penang,Perak, Putrajaya &SelangorFederal Territory DayFebruary […]
In today’s fast-paced business landscape, staying ahead means optimizing every aspect of your operations. One often overlooked area that can yield significant advantages is payroll management. Outsourcing payroll services is a strategic move that can streamline processes, boost efficiency, and drive overall business success. In this article, we’ll explore the top 10 benefits of outsourcing your payroll and why it’s […]
The prospect of an additional public holiday is always a cause for excitement. The Government of Selangor state has hinted at the possibility of declaring a public holiday on 14 August 2023 (Monday) if the Selangor Government emerges victorious in the upcoming election. However, the application of this potential holiday is contingent upon various factors, including the policies and agreements […]
Managing payroll is a crucial aspect of running a business in Malaysia. It involves accurately calculating employee salaries, complying with legal requirements, and ensuring timely contributions to various statutory bodies. To help businesses navigate the complexities of payroll processing and compliance, this article provides a comprehensive guide to the payroll process and regulatory landscape in Malaysia. 1. Registering with Relevant […]
The Employment Act 1955 has been expanded as of January 1, 2023, extending its provisions on salary deductions to apply to all employees, not just those earning RM 2,000 and below. According to Section 24 of the Act, employers are generally not allowed to deduct employees’ salaries unless authorized under the Act. Generally, there are 3 categories of permissible deductions: […]
Enforcement of the amendments to Malaysia’s Employment Act 1955 [Act 265] will begin on 1 January 2023, instead of 1 September 2022 as initially planned. The purpose of the amendment is to increase and expand the protection and welfare of all private sector employees in Peninsular Malaysia including Federal Territory of Labuan, irrespective of wages. Some of the key changes […]
Here are the official public holiday dates in Malaysia for the year 2023. In total, there are 38 public holidays scheduled throughout Malaysia in 2023. Public HolidayDateDayAffected StatesNew Year’s DayJanuary 1, 2023SundayNational except Johor,Kedah, Kelantan, Perlis& TerengganuNew Year HolidayJanuary 2, 2023MondayNational except Johor,Kedah, Kelantan, Perlis& TerengganuYDPB Negeri Sembilan’s BirthdayJanuary 14, 2023SaturdayNegeri SembilanChinese New YearJanuary 22, 2023SundayNationalChinese New Year HolidayJanuary 23, […]
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