Budget 2023: Socso to give employers incentives to hire from vulnerable groups


KUALA LUMPUR: The government will continue to encourage the private sector to employ workers at a higher value and younger people to improve their ability and skills to earn a more meaningful salary, says Datuk Seri Anwar Ibrahim.

The Prime Minister said this would, among others, be provided through the provision of incentives up to RM600 per month for three months by the Social Security Organisation (Socso) to employers to hire those from vulnerable groups, such as persons with disabilities (PwD), ex-convicts, homeless people and the hardcore unemployed.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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