In today’s dynamic business landscape, efficiency, accuracy, and compliance are the cornerstones of successful HR and payroll management. As businesses grow, so do the complexities of managing human resources and payroll processes. To streamline operations and empower HR teams to focus on strategic initiatives, integrating payroll outsourcing with HR management has emerged as a game-changer. In this article, we explore […]
In today’s fast-paced and competitive business environment, efficiency is key. One area where efficiency can significantly impact an organization’s success is payroll management. Managing payroll can be a complex and time-consuming task, especially for businesses with a large workforce. However, with the advent of integrated payroll software, companies can harness a powerful tool to streamline their payroll processes, reduce errors, […]
In Malaysia, employees are entitled to a range of leave policies designed to support their well-being and work-life balance. These policies address various needs and circumstances that may arise during an employee’s tenure. In this post, we will provide a detailed overview of the various types of leave in Malaysia, distinguishing between mandatory and optional categories. By gaining this insight, […]
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 […]
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, […]
On 6 November 2020, the government announced its proposed Budget 2021 amidst our ongoing battle against the COVID-19 pandemic. This article focuses on several payroll and human resources highlights from the proposed budget: Reduction of Individual Income Tax Rate It is proposed that the resident individual tax rate be reduced by 1% (from 14% to 13%) for the chargeable income […]
What is Employment Retention Program? Employee Retention Program (ERP) is an immediate financial assistance worth RM600 monthly for employees who have been instructed to take unpaid leaves by their employers who are economically affected by the Covid-19 pandemic. What are the benefits under the ERP? Under the ERP, each eligible employee will receive RM 600.00 a month from PERKESO throughout the period they are put […]
What is Wage Subsidy Programme? Wage Subsidy Programme is financial assistance offered to employers of all industries with workers earning RM4,000 and below for a period of 3 months. The programme was announced by the government as part of its economic stimulus package meant. The wage subsidy programme is intended to both protect job security and assist employers who are […]