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MANISH SPEAKS
JUNE 2022
STARTING A BUSINESS IN MALAYSIA?
OUTSOURCE PAYROLL & HR BEFORE IT PILES UP
As an important gateway to regional business interests, Malaysia has developed a thriving economy which has grown over the past half century. Payroll & HR outsourcing services has been the go-to in Malaysia for business expansion to help improve their overall performance and bottom line quickly, efficiently, and inexpensively.
 
However setting up a business in Malaysia means being compliant to the rules of the country and this is why progressive companies opt to outsource their Payroll & HR.
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FROM OUR PARTNERS
IS A FOUR-DAY WORKWEEK THE WAVE OF THE FUTURE?
 
According to Aon’s recent health survey, wellbeing issues have gained traction since the COVID-19 pandemic, with employers citing work/life balance as the second most important wellbeing issue (after mental health) at 71 percent. if companies want flexibility to truly stand out in their employee value proposition, they should focus on the when.

Even though a shorter week inevitably contributes to the demand for more flexible work, does it tackle the risk of employee burnout
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FROM OUR COMPLIANCE DESK
EPF | EMPLOYEE MINIMUM STATUTORY CONTRIBUTION RATE REVERTS TO 11% STARTING JULY 2022

Effective July 2022 wages (August 2022 contribution month), the minimum statutory contribution rate for employee portion will revert to the original 11%. The current 9% minimum statutory contribution rate will end by June 2022 wages (July 2022 contribution month).
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