COURSE OBJECTIVES BASIC PAYROLL MANAGEMENT AND COMPUTATION
At the end of the programme, participants will be able to :-
- Manage Payroll accurately in compliance with the latest amendments and announcement
- Understand the difference between Contract of Service and Contract for Service
- Able to draft Letter of Employment and Contract For Servicer
- Calculate work done and overtime computations
- Compliance to Lunch hour and Prayer’s break
- Calculate Annual leave encashment and entitlement
- Understand the difference between Paid and unpaid Maternity leave
- Compute incomplete month of service
- Calculate Retrenchment benefits and entitlement
- Understand EPF, SOCSO and EIS contributions and benefits
- Understand PCB/MTD deductions and calculations
COURSE CONTENT
Wages [amendment 2022]
- Minimum Wages (Minimum Wages Order 2022)
- Mode and time for payment of wages
- Advances and Deductions validity and limitations
- Is deduction for late coming valid?
Overtime Payment and Calculations [amendment 2020]
- Payment of Overtime
- Ordinary rate of pay (ORP)
- Hourly rate of pay (HRP)
- Calculations for incomplete month of work
- Calculations of Notice period
- Public Holidays and Rest Days
- Overtime rate for Public holiday and Rest day
Employee’s Leave [amendment 2020]
- Annual Leave
- Encashment of Annual leave
- Computation of No Pay leave
- Emergency Leave
- Sick Leave & Hospitalisation Leave
- The ‘deemed-to-be-hospitalized’ definition
- Paid and Unpaid Maternity Leave
- Calculations of Maternity Leave eligibility
Termination of Employment [amendment 2020]
- Retirement Age (Minimum Retirement Age Act 2012 and Amendment Order 2016)
- Termination without notice
- Computations of Payment in-lieu of short notice
- Retrenchment
- Termination benefits and entitlement
- JTK compliances
Employee Provident Fund [amendment 2020]
- Employer registration
- Definition of Wages
- Employees’ contribution
- Contribution for age 60 and above
- Contribution for foreign employees
- Nomination of beneficiary
- Types of withdrawal and eligibilities
- Withdrawal procedures
- Benefits and Compensation available
- Skim Persaraan 1Malaysia
- I-Suri
SOCSO [amendment 2020]
- Employer registration
- Definition of Wages
- Employees’ contribution
- Contribution for age 60 and above
- Contribution for foreign employees
- Scheme of insurance and benefits
- Various scheme entitlement and procedures
- Eligibility for invalidity pension schemes
- Minimum requirement for Disability claim
- Deadline for claims
Employment Insurance System (SIP)
- Employer registration
- Definition of Wages
- Employee compulsory contribution
- Scheme of Insurance and Benefits
- Eligibility and Entitlement
- Limitations of Claims
- Claim Procedures
Monthly Tax Deduction (MTD / PCB) [amendment 2021]
- Employment Income
- Residents Tax rates
- Monthly Tax Deductions computation
- Additional Remuneration computation
- Tax Relief
- Tax Rebates
