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. ‍

Mental health encompasses a person's social, psychological, and emotional well-being and considers factors such as stress management, strategic planning, and thought patterns. Mental health may significantly impact anyone's quality of life, and if not addressed, poor mental health can have long-term negative consequences.

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.

The younger generation, particularly Generation Z, will undoubtedly form the foundation of the future workforce. The question is, however, how to start engaging this section of the population, which now values more than just money - they want it all.

Malaysia's 2023 public holidays are listed as part of the country's national calendar. Please often return for updates since these dates are subject to change as proper adjustments are issued.

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.