Daily HR News 9.11.2024
SMEs in Malaysia urge the government to consider reducing the proposed mandatory EPF contribution for foreign workers to 5%, citing financial strain. SME Malaysia president Chin Chee Seong indicated that with about 300 foreign workers, the 5% EPF contribution could amount to RM1mil. Industry leaders, including those from construction and agriculture, advocate for consultations and a reconsideration of this policy before implementation.
Source:https://www.thestar.com.my/news/nation/2024/11/09/smes-urge-lower-proposed-epf-rate
Seven Malaysians, victims of a job scam, will return home on Friday after nearly two months in detention at a Cambodian immigration center. Initially lured to work in casinos, they were forced into scam operations instead. Their release, secured through government efforts, highlights rising human trafficking risks. Authorities urge caution over overseas job offers promising high pay without proper verification.
Source:https://thesun.my/malaysia-news/kesuma-to-present-gig-economy-policy-framework-in-parliament-next-month-BG13264104
Malaysia's unemployment rate dropped to 3.2% in September, with unemployed individuals decreasing to 555,300, down from 558,500 in August, according to the Department of Statistics Malaysia (DOSM). The labor force grew by 0.1% to 17.24 million. Youth unemployment (ages 15-24) rose slightly to 10.5%, while the overall third-quarter unemployment rate decreased to 3.2% from 3.3% in Q2.
Communications Minister Fahmi Fadzil encouraged courier companies to join the Courier Safety Passport Training Programme to improve worker safety and delivery efficiency. Launched on National Courier Day 2024, the initiative focuses on safe parcel handling and essential skills for over 160,000 courier workers. Fahmi highlighted the industry’s progress, with 26.1 parcels per capita in 2023, approaching the 2025 target of 30 parcels per capita.
Source:https://www.malaymail.com/news/malaysia/2024/11/09/join-training-programme-to-ensure-safety-of-workers-and-parcel-deliveries-comms-minister-fahmi-tells-courier-companies/156299
An international survey by Lloyd’s Register Foundation found Malaysia has the lowest rate of workplace harm in Southeast Asia, at 7%—well below the global average of 18%. Additionally, 31% of Malaysia’s workforce has received training in occupational safety, close to the global average, with room for improvement. The Philippines reported the highest harm rate at 34%.