Member Login

  User ID
  Password
 
Forgot Password
   

MEF Academy Events
 24[IT] Manipulating Data Effectively with Microsoft Excel (Level 1 & 2) 24-25 June 2024; 22-23 July 2024 (9.00 AM – 5.00 PM)
 24Criminal Misconduct24 June 2024 (9.00 AM – 5.30 PM)
 25INTERPERSONAL & COMMUNICATION SKILLS25-26 June 2024 (9.00 AM – 5.00 PM)
 25“HANDLING POOR PERFORMANCE EMPLOYEES” - STRATEGIES TO PREVENT COSTLY CONSEQUENCES 25 June 2024 (9.00 AM – 5.00 PM)
 25[NTW] Mandatory Festival Bonus: Why is it Unlawful? and Brief Overview of the Constructive Dismissal25 June 2024 (11am - 12pm)
 25[NTW] GROW with Coaching25 June 2024 (2.30pm – 4.30pm)
 26Handling Work Stress & Time Management26 June 2024 (8.30 AM – 5.00 PM)
 26[KK] “Conducting Domestic Inquiry” - Doing it Right in the Workplace 26 June 2024 (8.30 AM – 5.00 PM)
 27[IT] Optimizing the Power of Microsoft Excel in HR 27-28 June 2024; 18-19 July 2024 (9.00 AM – 5.00 PM)
 27[Kuching] HR FOR BEGINNERS27-28 June 2024 (9.00 AM – 5.00 PM)
 27Handling Misconduct Relating To Absenteeism 27 June 2024 (9.00 AM – 5.00 PM)
 27[NTW] Take Care our Mental Health (Mandarin)27 June 2024 (10am - 12pm)
 

General News

Higher insured salary ceiling to benefit 1.45m workersSunday, 15 October 2023
DE20231015
 

​KUALA LUMPUR: The increase in insured monthly salary ceiling from RM5,000 to RM6,000 will come into effect after the amendments to Employees Social Security Act 1969 (Act 4) and the Employment Insurance System (EIS) Act 2017 (Act 800).

Human Resources Minister V. Sivakumar said the increase will benefit workers and their dependents if employees suffer a workplace accident, illness, disability, death or job loss.
 
Prime Minister Datuk Seri Anwar Ibrahim, when tabling the Malaysia Madani Budget 2024 in the Dewan Rakyat, said the increase would raise the cash benefits at a rate of 20.2 per cent for the benefit of 1.45 million workers and their dependents.
    
According to Sivakumar, the government allocated more than RM200 million to the Ministry of Human Resources (KSM) through the Social Security Organisation (Socso) in the Budget 2024 to strengthen the social protection network and drive the labour market, in line with the federal government’s structural reform agenda.
 
In the meantime, he said the policy of one per cent employment opportunity for the disabled, which will be extended to ex-convicts and the elderly, will be implemented in various ministries, government-linked investment companies (GLIC) and government-linked companies (GLC) as well as the government’s strategic partners.
 
[Daily Express, 15 October 2023]
 
 
Tags/Keywords
salary,  V. Sivakumar
 
/Side Banners/Membership-with-a-Click.jpg
/Side Banners/TalentCorp_170x55.jpg
/Side Banners/KWSP_170x104.jpg
/Side Banners/ace_170x153.jpg
/Side Banners/cape_170x50.jpg
/Side Banners/ioe_170x95.jpg
/Side Banners/ilo_170x90.jpg

   ©  Copyright 2023 Malaysian Employers Federation  |  All Rights Reserved.