Employee Benefits You Must Know Before Starting Work
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When searching for a job in Malaysia, salary is important — but understanding employee benefits is equally essential. These benefits are designed to protect employees’ financial security, health, and long-term welfare, while also improving overall job satisfaction.
Here are some key employee benefits every job seeker should be familiar with:
EPF is a mandatory retirement savings scheme for employees in Malaysia. Both employees and employers contribute a percentage of the monthly salary into the EPF account.
Key importance:
Helps employees save for retirement
Allows partial withdrawal for housing, education, or medical needs
Provides long-term financial security
SOCSO provides social protection for employees in cases of workplace accidents, injuries, disabilities, or employment-related incidents.
Coverage includes:
Workplace injury protection
Disability benefits
Medical and rehabilitation support
Dependants’ benefits in serious cases
EIS is designed to provide temporary financial assistance and career support if an employee loses their job.
Benefits include:
Temporary financial aid during unemployment
Job search and placement assistance
Career counselling and training opportunities
Annual leave allows employees to take paid time off for rest, personal matters, or travel. The number of leave days usually depends on employment duration and company policy.
Annual leave is important because it:
Helps maintain work-life balance
Prevents burnout and improves productivity
Supports employee well-being
Many employers provide medical benefits such as outpatient treatment, hospitalisation coverage, or medical insurance. These benefits help employees manage healthcare costs and ensure access to proper treatment when needed.
Medical benefits help employees:
Reduce healthcare expenses
Receive timely medical treatment
Maintain overall health and productivity
Besides statutory and core benefits, some employers may also offer additional perks to support employees’ well-being and workplace experience. These benefits vary depending on company policies and industry practices.
Examples may include:
Health screening programmes
Optical or dental allowances (e.g. spectacles or eye care support)
Company trips or team bonding activities
Wellness or fitness support programmes
Staff discounts or lifestyle benefits
Although these benefits are not mandatory, they can enhance employee satisfaction and contribute to a healthier work environment.
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