BFM 89.9
The Business Station
Copyright © 2025 BFM Media Sdn. Bhd. 200601017962. All rights reserved
Copyright © 2025 BFM Media Sdn. Bhd. 200601017962. All rights reserved
All You Need To Know About Malaysia’s Employee Insurance System
29 mins·11:00, 13 Feb 2018
All You Need To Know About Malaysia’s Employee Insurance System
29 mins
·
11:00, 13 Feb 2018
·
Recommended
27 mins
41 mins
41 mins
Malaysia finally has an unemployment insurance scheme in place. Effective January 2018, retrenched and displaced workers will not only receive compensation but will also be matched to new jobs under SOCSO’s new Employee Insurance System. But with a monthly contribution of just 0.4% of a worker’s salary – the lowest rate among any other employment insurance schemes in the world - is the system sustainable? Chief Officer of the EIS at SOCSO, Dato Mohd Sahar Bin Darusman gives us the deets.
Producer: Audrey Raj
EISEmployee Insurance SystemEmployee Insurance SchemePISSOCSOPERKESOretrenchment benefitsunemployment benefits
Share:
Recommended
Jan 16
·
27 minsMalaysia Open 2026 - So Near, And Yet So Far
Jan 16
·
41 minsSemenyo Makes His Mark In City Blue
Recent episodes
0
Latest stories
Podcasts · Jan 16 · 12:00PM
Malaysia Open 2026 - So Near, And Yet So Far
27 mins
Podcasts · Jan 16 · 27 mins
Malaysia Open 2026 - So Near, And Yet So Far
Podcasts · Jan 16 · 11:00AM
Semenyo Makes His Mark In City Blue
41 mins
Podcasts · Jan 16 · 41 mins
Semenyo Makes His Mark In City Blue
Podcasts · Jan 16 · 10:00AM
The Voice of Hind Rajab + Movies/Series Based On True Stories
41 mins
Podcasts · Jan 16 · 41 mins
The Voice of Hind Rajab + Movies/Series Based On True Stories