PETALING JAYA: The government has agreed to implement the Wage Subsidy Programme 4.0 by allocating RM3.8bil, says Prime Minister Tan Sri Muhyiddin Yassin (pic).
“The government will support up to 500 workers per employer with assistance of RM600 per worker for a period of four months," he said when unveiling the Perlindungan Rakyat dan Pemulihan Ekonomi (Pemulih) package on Monday (June 28).
Muhyiddin said this is expected to benefit more than 2.5 million workers, adding that this will be for all sectors for a period of two months in the second phase of the National Recovery Plan (NRP).
He said this will subsequently be for another two months for sectors categorised as negative in the third phase of NRP.
“Besides that, there is no more wage limit to apply for the assistance under this scheme, meaning those earning more than RM4,000 are also eligible for assistance,” he said.
He added that the government would automatically exempt payments of the HRD levy for two months among employers who were unable to operate during the NRP.
Employers in new sectors under the expansion of the Human Resources Development Fund Act 2001 will be given a new levy extension until December this year.
The initiative is estimated to be worth RM425mil.