More than 8,000 employers register for Malaysia's Socso in May

More encouraged to sign up to organisation

More than 8,000 employers register for Malaysia's Socso in May

The Social Security Organisation (Socso) has noted an "impressive increase" in the number of employers that registered in May, as it tallied a total of 8,843 new employers nationwide.

In a statement reported by Bernama, Socso chief executive officer (CEO) Datuk Seri Dr Mohammed Azman Aziz Mohammed said this was 14% higher than the 7,709 new employers who registered with the organisation in April 2022.

Sosco is an organisation established to provide social security protections for all employees in Malaysia. Its functions include registration of employers and employees, collection of contribution from them, as well as paying benefits to workers and/or their dependents when tragedy happens.

Based on the Employees Social Security Act 1969 (Act 4) and the Employment Insurance System Act 2017 (Act 800), all employers that take even at least one employee, regardless of salary, must register with the agency.

This includes employers that hire maids, personal helpers, gardeners, babysitters, and more. Failure to do so will prompt Socso to issue compliance instructions and eventually, implement stern action if they continue to refuse to contribute.

Read more: Health minister reminds employers to provide better office ventilation

According to the Socso CEO, employers should not see this as a burden, as the contribution rate charged is only 1.75% to employers and 0.5% to employees.

"Do not view this as a burden. If anything happens to employees, who will then support them and their families?" he said as quoted by Bernama.

"If there is a contribution with Socso, Insya-Allah, in terms of medicine, rehabilitation, disability and death, their families' fate will be safeguarded," he added.

The legislation period implemented by the organisation was supposed to be from May 1 to 31, but the CEO assured that no action will be taken to those who have yet to come forward.

"I urge all employers out there, who have not yet registered, to come forward. We are still accepting registrations at Socso offices nationwide, and no action will be taken," he said.

Recent articles & video

Worker cries dismissal with notice was wrongful, says 'poor performance' wasn't proved

TikTok lays off 481 employees in Malaysia: reports

Average salary hikes in Hong Kong, GBA dip in 2024

Employers in Europe struggling to manage political discussions at work

Most Read Articles

Singapore unveils digital platform to boost business transition to net-zero emissions

Singaporean Gen Zs show high preference for hybrid work: survey

Four charged in $3.2-million fraud scheme involving 'ghost workers' in Hong Kong