Gain practical insights into wage definitions, calculations, exclusions, and legal compliance under Malaysian laws (EA 1955, EPF, SOCSO, EIS). Ideal for HR, payroll, and business professionals.
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Description
Understanding the Definition of Wages - Webinar
This seminar provides an in-depth understanding of the legal definition and practical implications of wages under key Malaysian employment regulations, including the Employment Act 1955, the Employees Provident Fund (EPF), the Social Security Organization (SOCSO), and the Employment Insurance System (EIS).
Participants will learn how wages are calculated, the components that constitute wages, and those excluded from wage calculations. The course also covers critical topics such as determining wage eligibility for overtime payments, lawful deductions, and employer compliance with statutory obligations.
With a strong focus on practical applications, this course equips HR professionals, payroll specialists, and business owners with the essential knowledge to navigate wage-related challenges effectively and ensure compliance with legal requirements.
Course Outline
- Introduction to Wage Regulations
- Definition of Wages by Key Regulations
- Components of Wages
- Wage Calculation for Statutory Contributions
- Wage Considerations for Overtime Payments
- Lawful Deductions and Advance Payments
- Minimum Wage Regulations and Compliance
- Wage Policies for Different Employment Categories
- Computing Incomplete Wages and Payment Timelines
- Q&A and Practical Case Discussions
Programme Objective
- Have a comprehensive understanding of wages.
- Learn wage components and calculations.
- How to comply with wage-related obligations.
- Learn how to navigate wage-related challenges with the use of practical applications.
Who Should Enroll?
- Human Resource (HR) Professionals
- Payroll Specialists
- Business Owners and Employers
- Finance and Accounting Professionals
- Industrial Relations (IR) Practitioners
- Legal Advisors and Compliance Officers
- Trade Union Representatives
- Academics and Students
