Prime Minister Datuk Seri Najib Razak said the government is mulling to implement the Workers Insurance System (WIS) to enhance the social security of workers and facilitate the employers method of conducting business. WIS will involve the sharing of responsibilities by employers.
WIS aims to help retrenched workers to cover their expenses while looking for new jobs, thus reducing their burden of losing income. It will also provide counseling services to increase the retrenched workers the chance of landing suitable jobs.
He said the retraining provided by WIS can increase the skills of workers and assist the employers in hiring workers with the appropriate skills.
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