Daily HR News 15.11.2024
1. Socso under pressure over delay in new no-fault accident scheme
SOCSO is facing pressure over delays in implementing the new "No-Fault" accident scheme, designed to provide immediate medical and financial aid to workers injured on the job. Initially set for rollout in January 2024, the scheme’s postponement has raised concerns about worker protection and access to timely support. SOCSO promises to address the issues soon.
2. Minimum wage in Malaysia: an overview
Malaysia’s minimum wage has been gradually increasing to address rising living costs. As of 2024, the national minimum wage stands at RM1,500 per month, aimed at ensuring fair compensation for workers. The policy seeks to improve income levels, support economic growth, and reduce income inequality, though challenges like inflation and varying regional costs persist.
Source : https://www.freemalaysiatoday.com/category/leisure/2024/11/15/minimum-wage-in-malaysia-an-overview/
3. How Organisations Can Support Mobile Workforces with Diabetes - From Prevention to Management
Organizations can support mobile workforces with diabetes by implementing workplace wellness programs, offering flexible schedules, and providing access to healthcare resources. Educating employees on diabetes prevention and management, along with creating an inclusive environment, helps employees balance work and health. Employers should also ensure access to necessary tools, like medication storage and monitoring devices, to foster better productivity and well-being.
4. Stagnant wages, job mismatch plague M’sian graduates: Khazanah Research
A Khazanah Research report highlights the challenges faced by Malaysian graduates, including stagnant wages and job mismatches. Many graduates are struggling to find employment in their field of study, while wages remain relatively low despite higher education levels. The report also points to the widening gap between graduate skills and market demands, contributing to long-term economic challenges.
5. Khazanah-EPF consortium formally offers RM11 per share to take over Malaysia Airports
A consortium led by Khazanah Nasional and the Employees Provident Fund (EPF) has formally offered to acquire Malaysia Airports Holdings (MAHB) for RM11 per share, totaling approximately RM7.7 billion. The offer aims to take the company private, marking a significant move in the Malaysian infrastructure sector. The proposal is pending shareholder and regulatory approvals.