Malaysia plans to introduce a job-vacancy reporting requirement through PERKESO. Under the proposal, an employer would report a vacant or newly created position before hiring. The employer would then update PERKESO after the position is filled. Parliament approved the amended Bill on 30 June 2026. The approved changes include lower, tiered fines. Business groups have asked the government to start […]
Malaysia’s new PERKESO LINDUNG 24 Jam scheme has created an unusual payroll challenge for employers. The scheme took effect on 1 June 2026 as compulsory protection for eligible employees. Following a Cabinet decision in July 2026, participation became voluntary for Malaysian employees but remained compulsory for foreign employees. However, voluntary participation does not mean that employers should immediately stop deductions […]
Update (13 July 2026): Participation in LINDUNG 24 JAM (SKBBK) is voluntary for Malaysian employees but remains mandatory for foreign employees. Malaysian Employees May Opt Out from 13 July to 31 August 2026Malaysian employees who do not wish to participate are required to complete the online declaration and release of liability through PERKESO’s portal. Upon completion, employees should download and […]
The main function of SOCSO is to provide social security protection to employees and their dependents through the Employment Injury and the Invalidity Scheme.