Socso all set to help with job creation under Budget 2022 initiatives


  • Nation
  • Monday, 01 Nov 2021

PETALING JAYA: The Social Security Organisation (Socso) is in full support of the government’s aspiration to create 600,000 job opportunities under the Jamin Kerja Keluarga Malaysia (JaminKerja) job guarantee initiative.

Socso chief executive officer Datuk Seri Dr Mohammed Azman Aziz Mohammed said the agency received a total of RM2bil allocation to implement JaminKerja under its Employment Insurance System (SIP).

“The SIP is one of Socso's products that help workers who lose their jobs (by providing) financial assistance and helping them find new jobs.

"As an agency under the Human Resources Ministry, Socso will give full support to the government and is committed to implementing all related Budget 2022 initiatives,” he said in a statement on Monday (Nov 1).

He said Socso has targeted some 300,000 jobseekers nationwide to benefit from this recruitment initiative, which will stimulate job creation by employers.

He said it would also encourage the participation of more focus groups, such as people with disabilities, ex-prisoners, ex-servicemen, the Orang Asli as well as women to return to work.

Dr Mohammed Azman was responding to several government initiatives announced in Budget 2022 that involve and will be implemented by Socso.

According to him, the JaminKerja salary incentive initiative is for employers who recruit those who are not actively working with a monthly salary of RM1,500 and above.

Employers will enjoy 20% and 30% in salary incentives for the first six months and subsequent six months respectively.

For recruiting the vulnerable groups, employers will get 30% (first six months) and 40% (subsequent six months) in salary incentives, subject to an employee's monthly salary of between RM1,200 and RM10,000.

The same incentive rate will also be extended for the recruitment of women who have been unemployed for more than a year, single mothers and housewives.

Dr Mohammed Azman noted that JaminKerja will also continue to provide apprentice incentives of RM900 per month for six months to employers who hire school leavers and graduates aged 18 to 30.

“This involves an increase from the previous RM800 announced in Budget 2021,” he said, adding that from next year, the initiative will be named SIP Perantisan (SIP Apprenticeship).

As for gig economy workers, Dr Mohammed Azman said JaminKerja also provides an incentive of RM900 per month for six months to individuals involved in gig jobs.

“This benefit will continue to assist vulnerable groups and individuals who experienced job losses and are engaged in gig employment until they obtain full-time employment.

"Also starting next year, this initiative will be rebranded as SIP Gig from the previous KerjayaGig Programme,” he added.

To help and encourage unemployed individuals find employment, Dr Mohammed Azman noted that the job-seeking allowance or Employment Allowance Assistance (EMP) will continue under the SIP for all Socso contributors and non-contributors.

He said the initiative is an improvement from the previous SIP Prihatin 1.0 and SIP Prihatin 2.0, and is expected to benefit a total of 265,000 active jobseekers.

“The improvement in the employment allowance will also have a positive impact on the macro job market, thus helping to reduce our unemployment rate.

“Beginning next year, the programme will be expanded and its continuation will be rebranded as SIP Job Search Allowance+ or SIP EMP+ from the previous SIP Prihatin,” he said.

Socso contributors will receive the SIP EMP+ for a period of nine months with a claimable rate of 80% of salary for the first month, 50% from the second to the sixth month and 30% for the last three months, he said.

Those who lost their jobs this year and are still unemployed are also eligible to receive an additional allowance for three months under SIP EMP+.

Non-contributors will get an allowance of RM300 per month for a period of three months and a one-time allowance of RM400 upon successful employment placement.

Dr Mohammed Azman noted that Socso also received RM267mil to improve its contribution rate and benefits for contributors.

Among them were an increase in the ceiling of insured monthly salary, retirement pension payment to dependents and the coordination of other Socso benefits in line with the rising cost of living, which will help more than 400,000 existing beneficiaries.

Dr Mohammed Azman also said Socso will implement the Self-Employment Social Security Scheme (SKSPS) contribution matching programme to continue expanding social protection for more workers.

More than 810,000 workers including artists, fishermen and travel agents are set to benefit with a contribution value benefit of up to 80%.

He also said that Socso will expand its social security coverage specifically for housewives through the Kasih Suri Keluarga Malaysia Programme.

The social protection network under the provisions of the Housewife Social Security Scheme will use the same approach as for other employees.

“In addition to empowering them... this will also protect them in the event of any disasters and untoward incidents,” Dr Mohammed Azman said.

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