Employment Insurance System (EIS) is happening in 2018

After months of discussions from the policy makers, Malaysia Employer Federations (MEF), Academician, Public, Employers etc. Finally it is come to the end. Starting 2018, all private sector employees are required to contribute 0.2{17c0c7c8a24a6e48bfe42b0bbfddcb5c572fb0da1c5859adba1973bf3b84029b} of their basic salary to the Employment Insurance System (EIS), a retrenchment insurance.

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