Stimulus package to encourage employee retention


HERE’S more information on the wage subsidy programme announced by Prime Minister Tan Sri Muhyiddin Yassin as part of several initiatives through the Prihatin Rakyat Economic Stimulus package to help those affected by the Covid-19 outbreak. Under the programme to encourage employee retention, a subsidy of RM600 is channelled to employers for every employee who earns RM4,000 and below (limited to 100 employees) for three months.

Q: Do employers have to make a new application every month to get the wage subsidy payment?

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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