Friday, March 10, 2017

Unemployment Insurance Malaysia

Image result for socsoThe Employee Insurance Scheme (EIS) to give out financial aid to jobless Malaysians is expected to be implemented next year. The scheme would be run by the Social Security Organisation (Socso).
The scheme was expected to provide aid to laid-off workers who are looking for another job and who contribute to Socso. 
Some of the poorer countries such as Vietnam had implemented the scheme several years ago.The unemployment rate in the country was increasing with 512,000 jobless workers. The number of under-employed workers was also on the rise with 500,000 people.
The under-employed people quit jobs to get better jobs and the insurance scheme would also include them.

No comments:

Post a Comment