JaminKerja Program – Employment Incentives
Employers who take on new hires from vulnerable groups such as apprentices, recent graduate, and apprentices are eligible to apply for “JaminKerja- Employment Incentive.” A maximum incentive of RM 36,000 per employee within 12 months is available to employers who registered with SOSCO before 1st January of 2022.
According to Finance Minister Tengku Zafrul Aziz, who detailed the package during the tabling of the Budget, JaminKerja will guarantee 600,000 jobs opportunities with an allocation of RM4.8 billion.
Employers who hire additional female employees, people from the tourism industry, or local workers to replace foreign labor will benefit from this incentive. According to Socso, this incentive will lead to a greater number of jobs openings, including new hires, and a decrease in Malaysia’s unemployment rate.
Eligible employers can send in their applications staring 17th January until 30th June 2022. Well do not worry, this incentive has been extended until 31st December 2022.
Employers from all industry categories registered with SOCSO before 1st January 2022.
Employers from the public sectors, federal and state statutory bodies, remuneration separated statutory bodies, and local authorities (PBT) are only eligible for the apprenticeship category.
Ineligible employees are:
Private employment agency or outsourcing businesses (outsourcing/ contractor for service) that serve as the principal client rather than the principal employer and offer job placement services. However, to be eligible got this incentive, a direct employer must be an employment agency outsourcing business that manages the payment of salary and employee contributions.