Also known as Kumpulan Wang Simpanan Pekerja (KWSP), the Employees’ Provident Fund (EPF) is one of the world’s oldest and largest retirement savings funds, with 7.63 million active members and 522,967 employers as of December 2019. It serves as a social security organization that primarily helps private sector employees save a fraction of their earnings, which can be used as retirement funds in the future. 

In this article, we will go through the steps for the Voluntary Separation Scheme, as well as how to calculate the formula for VSS.

Here's how pay cuts and demotions affect employees and what managers and employers can do to soften the blow. ‍

With more and more employees demanding different needs, one thing is sure - HR has shifted towards a more human-centric approach. Below, we list out 3 emerging HR priorities and trends to focus on for the year ahead.

Employee benefits of this type are provided at the employer's decision or are protected by a labour agreement so that they will differ from one company to the next.

If you're here to check out how to calculate overtime pay, double pay, and triple pay for your workers, you've come to the right place.

It is vital to communicate work rules, so your employees will know what you expect of them.

There are two ways to recruit candidates, through the active recruiting approach, which is direct, or passive recruiting, which is more subtle

As the calendar year comes to a close, many employees may be thinking, "What will happen to my unused Annual Leave balance?"

Employee turnover is more expensive than most people assume. There are additional indirect costs associated with staff turnover.