Employees Share Schemes for Private Companies
Employees Share Scheme (ESS) or Employee Share Option Plan (ESOP) provides employees with an ownership interest in the company. Benefits...
- Jun 30, 2021
- 1 min
Wage Subsidy Program 4.0 (WSP 4.0)
Under the WSP 4.0 program (PEMULIH Package), the government allows the employers to apply for subsidy for RM600 per worker (up to 500...
- Apr 23, 2021
- 2 min
HRDF Levy Extended to New Industries
With the amendment to The Pembangunan Sumber Manusia Berhad Act 2001 (“PSMB Act”), Human Resources Development Fund (HRDF) Levy would be...
- May 22, 2020
- 3 min
Can employers retrench their employees due to the COVID-19 outbreak?
A client in the travel industry informed us recently that they are considering to retrench 50% of his employees due to COVID 19. This is...
- Apr 3, 2020
- 1 min
Business Continuity Plan (Prepare your Business in Response to COVID-19)
Please click the following link to access the full article: Business Continuity Plan, Checklist and Business Tools (dated 03 April 2020)